10Yr Yield DROPS... Dollar FALLS.
From Greg M
Lions and friends…
There is a lot of debt buying going on right now bringing the 10Yr yield down to 4.14 and the DXY is also falling, currently sitting at 103.85- down 0.2%
This in turn has the MMRI now below 270 and stocks are higher…
Just a heads up.
GM
If it keeps falling rapidly, it could signal something bad is about to happen. The last time the MMRI completely collapsed was right before the pandemic crash.
You are right. The FED is not done taking money away from the people! Oh, I am shocked!