I am NOT Liking The Action In The Debt Market.
From Greg M
Lions and friends...
The MMRI continues to climb however, I still believe that central banks will take action to keep the illusion of stability in the debt market "real" a while longer.
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GM
The outside distractions keep getting more numerous.
Balloons, trains, aliens, shootings, eggs, jabs, etc.
The end is near.
No big deal. It'll go up, but the FED will still buy. The 10yr yield is still in an uptrend on the weekly chart which means capital is flowing from the debt market to the stock market. 💵🤑💰🤑😁
10yr Yield Weekly Chart:
https://docs.google.com/document/d/1J0FlNEGmWXgBf8ZEGe6Tt-TwdxdMtwRDL3ym40JK1R8/edit?usp=drivesdk