This is not the beginning of the next bull cycle yet, IMO. When Powell announces they need to cut rates around Nov 1st, I expect the S&P 500 to drop down to 3837.25 area which is an EXTREME Demand zone.
Why would it fall if a pivot is announced?! Because institutions and hedge funds have been dumping their positions since the Ten Year Yield went above 4.3%. Risk in this market is still substantially high, and the real money has not even come back into the market yet. The market will fall so they can buy back into their positions at a cheaper price because they have to hold dividends that pay a lower % yield than 2021. There will be a correction to bring valuation back to the table, because of greed. They want penny's on the dollar.
For anyone who does not believe that this will happen...compare interest rate cuts to SPX.
History shows that a FED Interest Rate Cut always leads to a substantial decline in the market. This is because the positions that institutions dumped (at higher rates) always leads to a mass sell off so they can buy back stock at cheaper prices, to hold longer term.
Higher rates decrease dividend yields, and corporations do not want to start having to increase dividends via rate cuts at overvalued prices.
You are right. Happened in 2008. Also, housing fell off a cliff in 2008 aftrr the Fed started cutting. Weird phenomenon as you would think the reaction would be the opposite. I don't think they will cut in November though. They better not.
who knows, i think they will...but i may be too early. the FED doesn't give a shit what happens to the stock market...all they care about is keeping bond yields suppressed...and a rate cut will sure help.
...at this point inflation only still persists from price gouging. The FED quadrupled the Reverse Repo rate, while raising interest rates...and they knew exactly what would happen. Large Corporations would take advantage of supply/demand, raising prices and keeping them high even though the FED was actually fighting it. Then the small business's followed in retaliation. The FED did this on purpose, knew exactly what would happen...and there is no fighting inflation anymore because greed took over now. The FED can't point their finger and tell the world that it is corporate america being greedy. Then it spread across the world.
Corporations have to cut their dividends/dividend yields with higher interest rates, and doing this usually brings down the value of the stock. But there are quite a few mega cap stocks out there that are way overvalued even though some of their dividends have been cut. So, a rate cut signifies that more easy money is going to pour its way into the market for longer. These company's will bring the value of their stock down in order to buy it cheaper, especially if their dividends don't add up to their price evaluation. The reason being is that the price of stocks fall, and over time as they are being bought back up, the company begins to start raising the dividends again.
And my last comment was meant for you uncultured Michael Idiot.
The facts and the truth hurt you and when you are presented with the facts and the truth you resort to name calling...Sad
You said! Do you for one second believe that money ,bond,or stock market issues would dictate such a decision leading to the slaughter of countless of its citizens and others)
And I posted the facts and the truth!
The USA sent 58,220 young men to Vietnam to get slaughtered?
The Vietnam Conflict Extract Data File of the Defense Casualty Analysis System (DCAS) Extract Files contains records of 58,220 U.S. military fatal casualties of the Vietnam War. These records were transferred into the custody of the National Archives and Records Administration in 2008.)
Now please do yourself a favor and get lost you dumbed down naïve brainwashed Idiot..
you forgot that I specifically said that if Netanyahu or his government would have known for this to happen on Saturday 10/7 IT NEVER WOULD HAVE HAPPENED! It was a terrible intelligence blunder You are so stuck on the bond implosion that you can not separate illusion from fact.
Well, these former IDF are not buying the "intelligence failure" narrative:
https://efrat.substack.com/p/israel-hamas-war-an-update I served in the IDF 25 years ago, in the intelligence forces. There’s no way Israel did not know of what’s coming. A cat moving alongside the fence is triggering all forces. So this?? What happened to the “strongest army in the world”? How come border crossings were wide open?? Something is VERY WRONG HERE, something is very strange, this chain of events is very unusual and not typical for the Israeli defense system.
"To me this suprise attack seems like a planned operation. On all fronts. This is a failure to protect the people of Israel, for sure, perhaps the biggest failure since the Yom Kippur war exactly 50 years ago, if not bigger. – by the way – is it a coincidence it’s exactly 50 years ago, almost on the day? The Yom Kippur War was on Oct. 6th 1973. If I was a conspiracy theorist I would say that this feels like the work of the Deep State. It feels like the people of Israel and the people of Palestine have been sold, once again, to the higher powers that be. At the same time, this is still very difficult to fathom.”
False flag!!! I’ll spare you the videos, but my morning started with my father sending me videos of IDF soldiers slaughtered in their barracks still in just their underwear, to which both of us as former service people ourselves immediately agreed that it’s im-fucking-possible! I did a service with IDF and have been to most bases in the south, and the ones close to the borders are always on highest level security alert: armed guards on towers 24/7 and all personnel are required to carry their personal weapons at all times… including sleeping with it literally under your mattress exactly for such situations! So how the hell could a group of Palestinians break into a base and make it all the way to the barracks unnoticed and unheard? I saw the media trying to sell a story that Iranians provided some equipment that jammed the electronically monitored fence, but any disturbance immediately notifies command and control center in Israel’s equivalent of the pentagon and someone would be immediately in touch with the bases’ commanders especially in the middle of the night. But even if that story is true, where were the night guards not to see the combatants approaching and alert everyone? With bases neutralized, there were no one to come to help the civilians in the area… how convenient.
https://twitter.com/Dr_logicaI/status/1710794054953553927 ex-IDF soldier explains that the events that took place today are impossible. She was a boarder observer with the highest tech available. “If a bird came close we knew” “Even even a cockroach came to our fenced border we knew” “How did 400 hamas pass through today”?
The first video is from a former IDF combat commander. Here is a summary someone wrote up. It is accurate: The first man is an ex IDF Golani officer and lawyer Daniel Ginat, this is the original post: https://t.me/hitnagdoot/1592
He says that there is no way that this infiltration of terrorists happened and almost 10 hours of complete silence from the IDF, he says that they used to train for such an occurence and hundreds of cars would be at the Gaza border within seconds,
He says that similar to the pfizer clot shots, this too is an inside operation and cant be something either than that, it is deliberate against the people
The other video with the man in the hospital, he is a citizen of a town near the border and was shot by a terrorist and he is rightfully upset and is cursing the corrupt govt/IDF etc that didnt come for many hours, he said 6 hours and not 1 plane in the sky
Insiders always know. These are planned operations. But unfortunately, it looks like some haven't even figured out that 9/11 was a false flag to get the global war of terror going. Once you wake up to 9/11 and study it, there's no way you would ever fall for anything again.
Most of these terror groups are controlled by the intelligence agencies and used as proxies for foreign policy (aka making WAR!!!)
There is no way that Israel did not know about it beforehand. Just ask your common sense for that. Here are some more questions/keywords worth thinking about:
Who founded Hamas? With whose money? /// B. Hussein Obama Cash Transfer to Iran /// B. Hussein Obama Connections to the Muslim Brotherhood /// Quatar Banking and Muslim Brotherhood /// Biden 6 Billion to Iran /// Ukraine: Arms Black Market
>>> Who benefits from the conflict, who wants this conflict, how do I create such a conflict?
“You know Hamas, if you look at the history, you’ll find out that Hamas was encouraged and really started by Israel because they wanted Hamas to counteract Yasser Arafat,” Paul commented
Indeed, on its own soil, Israel has long been documented as creating “fake” al-Qaeda groups to justify its treatment of the Palestinian people.
With that in mind, it is important to note that Israel’s arch nemesis, Hamas, was created by Israel itself for the purpose of splitting the PLO (Palestinian Liberation Organization) and Fatah, the leading outfit for the Palestinian freedom and resistance movement.
As Justin Raimondo of AntiWar.com wrote in his 2006 article “Hamas, Son of Israel,”
Amid all the howls of pain and gnashing of teeth over the triumph of Hamas in the Palestinian elections, one fact remains relatively obscure, albeit highly relevant: Israel did much to launch Hamas as an effective force in the occupied territories. If ever there was a clear case of “blowback,” then this is it. As Richard Sale pointed out in a piece for UPI:
Israel and Hamas may currently be locked in deadly combat, but, according to several current and former U.S. intelligence officials, beginning in the late 1970s, Tel Aviv gave direct and indirect financial aid to Hamas over a period of years. Israel ‘aided Hamas directly – the Israelis wanted to use it as a counterbalance to the PLO (Palestinian Liberation Organization),’ said Tony Cordesman, Middle East analyst for the Center for Strategic [and International] Studies.Israel’s support for Hamas ‘was a direct attempt to divide and dilute support for a strong, secular PLO by using a competing religious alternative,’ said a former senior CIA official.
There is no way in the world that an attack of this size by Gaza militants could have taken place without the foreknowledge of both Mossad and Shin Bet. Impossible. Unreal. Never gonna happen. Just like the CIA owns Al Qaeda, Hamas is a pawn in the service of the Israeli ruling elites. Remember, Hamas was created by Shin Bet. They wanted an alternative to the PLO. (Unfortunately I can't find my file with the Shin Bet info on Hamas. From memory it was a Shin Bet colonel who relayed the details.)
According to Charles Freeman, former US ambassador to Saudi Arabia, "Israel started Hamas. It was a project of Shin Bet [Isreali domestic intelligence agency], which had a feeling that they could use it to hem in the PLO."
Essentially, as analyst Ray Hannania pointed out, in "Sharon's Terror Child", published in Counterpunch, "undermining the peace process has always been the real target of Hamas and has played into the political ambitions of Likud. Every time Israeli and Palestinian negotiators appeared ready to take a major step forward achieving peace, an act of Hamas terrorism has scuttled the peace process and pushed the two sides apart."
Greg, Ithink you are terrific,however ,you are so stuck that the big guys knew in advance that this
would happen. Your last example concerning the Hamas attack on Israel on Shabbat morning and still the Holiday of Sukkot was not a failure of intelligence and Netanyahu And his Government knew in advance that this Hamas invasion will happen On Saturday morning 10/7 is so ridiculous and insulting you should be ashamed of yourself for suggesting this. In Israel of all places no one not Netanyahu or any member of his Government and for that matter no one knowing this was about to happen would allow it to happen .Do you for one second believe that money ,bond,or stock market issues would dictate such a decision leading to the slaughter of countless of its citizens and others.
You should come on the air and offer thee biggest APOLOGY!
(Do you for one second believe that money ,bond,or stock market issues would dictate such a decision leading to the slaughter of countless of its citizens and others)...Yes
Please pull your head out of your ass and do some research there Michael.
And how many young 20 year old men did the USA send to Vietnam to get slaughtered?
(58,220 U.S.
The Vietnam Conflict Extract Data File of the Defense Casualty Analysis System (DCAS) Extract Files contains records of 58,220 U.S. military fatal casualties of the Vietnam War. These records were transferred into the custody of the National Archives and Records Administration in 2008.)
You should re post here and offer an APOLOGY there Michael!
Bond yields dropped yesterday. Pretty stable today. It looks to be an initial kneejerk reaction yesterday and flight to safety. The 10 year was up slightly today, in fact, just a tiny bit. But it hasn't collapsed since yesterday. We have seen this volatility every few weeks in the 10 year. I do agree inflation is going higher.
This is not the beginning of the next bull cycle yet, IMO. When Powell announces they need to cut rates around Nov 1st, I expect the S&P 500 to drop down to 3837.25 area which is an EXTREME Demand zone.
Why would it fall if a pivot is announced?! Because institutions and hedge funds have been dumping their positions since the Ten Year Yield went above 4.3%. Risk in this market is still substantially high, and the real money has not even come back into the market yet. The market will fall so they can buy back into their positions at a cheaper price because they have to hold dividends that pay a lower % yield than 2021. There will be a correction to bring valuation back to the table, because of greed. They want penny's on the dollar.
For anyone who does not believe that this will happen...compare interest rate cuts to SPX.
History shows that a FED Interest Rate Cut always leads to a substantial decline in the market. This is because the positions that institutions dumped (at higher rates) always leads to a mass sell off so they can buy back stock at cheaper prices, to hold longer term.
Higher rates decrease dividend yields, and corporations do not want to start having to increase dividends via rate cuts at overvalued prices.
You are right. Happened in 2008. Also, housing fell off a cliff in 2008 aftrr the Fed started cutting. Weird phenomenon as you would think the reaction would be the opposite. I don't think they will cut in November though. They better not.
who knows, i think they will...but i may be too early. the FED doesn't give a shit what happens to the stock market...all they care about is keeping bond yields suppressed...and a rate cut will sure help.
They can't. Consumers are already pulling back. If they cut, inflation will soar.
...at this point inflation only still persists from price gouging. The FED quadrupled the Reverse Repo rate, while raising interest rates...and they knew exactly what would happen. Large Corporations would take advantage of supply/demand, raising prices and keeping them high even though the FED was actually fighting it. Then the small business's followed in retaliation. The FED did this on purpose, knew exactly what would happen...and there is no fighting inflation anymore because greed took over now. The FED can't point their finger and tell the world that it is corporate america being greedy. Then it spread across the world.
Could you pls explain that last sentence a bit more? thanks.
Corporations have to cut their dividends/dividend yields with higher interest rates, and doing this usually brings down the value of the stock. But there are quite a few mega cap stocks out there that are way overvalued even though some of their dividends have been cut. So, a rate cut signifies that more easy money is going to pour its way into the market for longer. These company's will bring the value of their stock down in order to buy it cheaper, especially if their dividends don't add up to their price evaluation. The reason being is that the price of stocks fall, and over time as they are being bought back up, the company begins to start raising the dividends again.
Definitely an attack on America, is coming down the road. The bankers are in charge. History doesn't repeat itself, but rhymes in a bad rap.
We have only just begun to see inflation.
Well said GM❣...👌
Time for some more JEPI?
BOOBOO WHAT CAN I SAY ,makes no sense to have any discussion with someone like you!
https://www.zerohedge.com/news/2023-10-10/evidence-mounts-israeli-intelligence-allowed-hamas-attack-occur
MICHAEL WHAT CAN I SAY, makes no sense to have any discussion with someone like you!
You have been dumbed down and brainwashed since birth, facts are facts and the truth is the truth.....Fact
MY last comment was not meant for Gregory ,but for this uncultured BOOBOO idiot!
And my last comment was meant for you uncultured Michael Idiot.
The facts and the truth hurt you and when you are presented with the facts and the truth you resort to name calling...Sad
You said! Do you for one second believe that money ,bond,or stock market issues would dictate such a decision leading to the slaughter of countless of its citizens and others)
And I posted the facts and the truth!
The USA sent 58,220 young men to Vietnam to get slaughtered?
The Vietnam Conflict Extract Data File of the Defense Casualty Analysis System (DCAS) Extract Files contains records of 58,220 U.S. military fatal casualties of the Vietnam War. These records were transferred into the custody of the National Archives and Records Administration in 2008.)
Now please do yourself a favor and get lost you dumbed down naïve brainwashed Idiot..
https://www.zerohedge.com/news/2023-10-10/evidence-mounts-israeli-intelligence-allowed-hamas-attack-occur
you forgot that I specifically said that if Netanyahu or his government would have known for this to happen on Saturday 10/7 IT NEVER WOULD HAVE HAPPENED! It was a terrible intelligence blunder You are so stuck on the bond implosion that you can not separate illusion from fact.
SHAME ON YOU!
Well, these former IDF are not buying the "intelligence failure" narrative:
https://efrat.substack.com/p/israel-hamas-war-an-update I served in the IDF 25 years ago, in the intelligence forces. There’s no way Israel did not know of what’s coming. A cat moving alongside the fence is triggering all forces. So this?? What happened to the “strongest army in the world”? How come border crossings were wide open?? Something is VERY WRONG HERE, something is very strange, this chain of events is very unusual and not typical for the Israeli defense system.
"To me this suprise attack seems like a planned operation. On all fronts. This is a failure to protect the people of Israel, for sure, perhaps the biggest failure since the Yom Kippur war exactly 50 years ago, if not bigger. – by the way – is it a coincidence it’s exactly 50 years ago, almost on the day? The Yom Kippur War was on Oct. 6th 1973. If I was a conspiracy theorist I would say that this feels like the work of the Deep State. It feels like the people of Israel and the people of Palestine have been sold, once again, to the higher powers that be. At the same time, this is still very difficult to fathom.”
https://www.sott.net/article/484970-Israel-in-state-of-war-with-Hamas-after-Palestinian-militants-launch-unprecedented-incursion-into-Israel-UPDATES#comment475653
False flag!!! I’ll spare you the videos, but my morning started with my father sending me videos of IDF soldiers slaughtered in their barracks still in just their underwear, to which both of us as former service people ourselves immediately agreed that it’s im-fucking-possible! I did a service with IDF and have been to most bases in the south, and the ones close to the borders are always on highest level security alert: armed guards on towers 24/7 and all personnel are required to carry their personal weapons at all times… including sleeping with it literally under your mattress exactly for such situations! So how the hell could a group of Palestinians break into a base and make it all the way to the barracks unnoticed and unheard? I saw the media trying to sell a story that Iranians provided some equipment that jammed the electronically monitored fence, but any disturbance immediately notifies command and control center in Israel’s equivalent of the pentagon and someone would be immediately in touch with the bases’ commanders especially in the middle of the night. But even if that story is true, where were the night guards not to see the combatants approaching and alert everyone? With bases neutralized, there were no one to come to help the civilians in the area… how convenient.
https://twitter.com/Dr_logicaI/status/1710794054953553927 ex-IDF soldier explains that the events that took place today are impossible. She was a boarder observer with the highest tech available. “If a bird came close we knew” “Even even a cockroach came to our fenced border we knew” “How did 400 hamas pass through today”?
https://rumble.com/v3nt2wa-two-testimonies-from-israel-about-the-erev-rav-betrayal-hebrew.html
The first video is from a former IDF combat commander. Here is a summary someone wrote up. It is accurate: The first man is an ex IDF Golani officer and lawyer Daniel Ginat, this is the original post: https://t.me/hitnagdoot/1592
He says that there is no way that this infiltration of terrorists happened and almost 10 hours of complete silence from the IDF, he says that they used to train for such an occurence and hundreds of cars would be at the Gaza border within seconds,
He says that similar to the pfizer clot shots, this too is an inside operation and cant be something either than that, it is deliberate against the people
The other video with the man in the hospital, he is a citizen of a town near the border and was shot by a terrorist and he is rightfully upset and is cursing the corrupt govt/IDF etc that didnt come for many hours, he said 6 hours and not 1 plane in the sky
Thanks for the truth and the facts but some people are afraid of the truth...
Just like 9/11 and those put options.
Insiders always know. These are planned operations. But unfortunately, it looks like some haven't even figured out that 9/11 was a false flag to get the global war of terror going. Once you wake up to 9/11 and study it, there's no way you would ever fall for anything again.
Most of these terror groups are controlled by the intelligence agencies and used as proxies for foreign policy (aka making WAR!!!)
Yeah, you would think after covid and all the LYING from all govt and the corporate media that people would at least question and think critically.
Hard for these people to think critically cause they have been dumbed down and brainwashed since birth...
And we are still waiting for your apology there Michael Boy...
Stop watching CNN and think for your self if you can....
https://www.zerohedge.com/news/2023-10-10/evidence-mounts-israeli-intelligence-allowed-hamas-attack-occur
There is no way that Israel did not know about it beforehand. Just ask your common sense for that. Here are some more questions/keywords worth thinking about:
Who founded Hamas? With whose money? /// B. Hussein Obama Cash Transfer to Iran /// B. Hussein Obama Connections to the Muslim Brotherhood /// Quatar Banking and Muslim Brotherhood /// Biden 6 Billion to Iran /// Ukraine: Arms Black Market
>>> Who benefits from the conflict, who wants this conflict, how do I create such a conflict?
Even Egypt warned : https://www.timesofisrael.com/egypt-intelligence-official-says-israel-ignored-repeated-warnings-of-something-big/
Islam Tolerance : https://captainjamesdavis.files.wordpress.com/2012/10/obama-islam-tolerance.jpg?w=384&h=288
... should the political winds shift ... : https://theharleyfactor.files.wordpress.com/2014/09/obama-muslim-2-610x400.jpg
$400M in Cash to Iran : https://www.nydailynews.com/wp-content/uploads/migration/2016/08/04/YHFFPS46NSE3WK4J5MX43OZTIM.jpg
Money trails from Qatari banks to the Muslim Brotherhood : https://english.alarabiya.net/features/2019/08/07/Qatar-s-history-using-banks-to-aid-Brotherhood-terror-groups-in-other-countries
Biden money to Iran (eyes on: Qatar bank mentioned) : https://edition.cnn.com/2023/09/18/politics/iran-money-explainer/index.html
Arms Market : https://globalinitiative.net/analysis/russia-ukraine-war-illegal-arms-trade-brussels/
History: Was Hamas A Creation of Mossad?
https://www.globalresearch.ca/hamas-is-a-creation-of-mossad/1818
“Hamas Was Started by Israel”? Rep. Ron Paul
https://www.globalresearch.ca/flashback-ron-paul-hamas-started-israel/5835470
“You know Hamas, if you look at the history, you’ll find out that Hamas was encouraged and really started by Israel because they wanted Hamas to counteract Yasser Arafat,” Paul commented
https://www.activistpost.com/2023/10/something-is-not-right-about-the-israel-hamas-war-could-it-lead-to-genocide-world-war-three.html
Who Is Hamas?
Indeed, on its own soil, Israel has long been documented as creating “fake” al-Qaeda groups to justify its treatment of the Palestinian people.
With that in mind, it is important to note that Israel’s arch nemesis, Hamas, was created by Israel itself for the purpose of splitting the PLO (Palestinian Liberation Organization) and Fatah, the leading outfit for the Palestinian freedom and resistance movement.
As Justin Raimondo of AntiWar.com wrote in his 2006 article “Hamas, Son of Israel,”
Amid all the howls of pain and gnashing of teeth over the triumph of Hamas in the Palestinian elections, one fact remains relatively obscure, albeit highly relevant: Israel did much to launch Hamas as an effective force in the occupied territories. If ever there was a clear case of “blowback,” then this is it. As Richard Sale pointed out in a piece for UPI:
Israel and Hamas may currently be locked in deadly combat, but, according to several current and former U.S. intelligence officials, beginning in the late 1970s, Tel Aviv gave direct and indirect financial aid to Hamas over a period of years. Israel ‘aided Hamas directly – the Israelis wanted to use it as a counterbalance to the PLO (Palestinian Liberation Organization),’ said Tony Cordesman, Middle East analyst for the Center for Strategic [and International] Studies.Israel’s support for Hamas ‘was a direct attempt to divide and dilute support for a strong, secular PLO by using a competing religious alternative,’ said a former senior CIA official.
https://fearlessarts.substack.com/p/the-final-coming-things-fall-apart
There is no way in the world that an attack of this size by Gaza militants could have taken place without the foreknowledge of both Mossad and Shin Bet. Impossible. Unreal. Never gonna happen. Just like the CIA owns Al Qaeda, Hamas is a pawn in the service of the Israeli ruling elites. Remember, Hamas was created by Shin Bet. They wanted an alternative to the PLO. (Unfortunately I can't find my file with the Shin Bet info on Hamas. From memory it was a Shin Bet colonel who relayed the details.)
https://henrymakow.com/israelcreatedhamastoavoid.html
According to Charles Freeman, former US ambassador to Saudi Arabia, "Israel started Hamas. It was a project of Shin Bet [Isreali domestic intelligence agency], which had a feeling that they could use it to hem in the PLO."
Essentially, as analyst Ray Hannania pointed out, in "Sharon's Terror Child", published in Counterpunch, "undermining the peace process has always been the real target of Hamas and has played into the political ambitions of Likud. Every time Israeli and Palestinian negotiators appeared ready to take a major step forward achieving peace, an act of Hamas terrorism has scuttled the peace process and pushed the two sides apart."
Greg, Ithink you are terrific,however ,you are so stuck that the big guys knew in advance that this
would happen. Your last example concerning the Hamas attack on Israel on Shabbat morning and still the Holiday of Sukkot was not a failure of intelligence and Netanyahu And his Government knew in advance that this Hamas invasion will happen On Saturday morning 10/7 is so ridiculous and insulting you should be ashamed of yourself for suggesting this. In Israel of all places no one not Netanyahu or any member of his Government and for that matter no one knowing this was about to happen would allow it to happen .Do you for one second believe that money ,bond,or stock market issues would dictate such a decision leading to the slaughter of countless of its citizens and others.
You should come on the air and offer thee biggest APOLOGY!
(Do you for one second believe that money ,bond,or stock market issues would dictate such a decision leading to the slaughter of countless of its citizens and others)...Yes
Please pull your head out of your ass and do some research there Michael.
And how many young 20 year old men did the USA send to Vietnam to get slaughtered?
(58,220 U.S.
The Vietnam Conflict Extract Data File of the Defense Casualty Analysis System (DCAS) Extract Files contains records of 58,220 U.S. military fatal casualties of the Vietnam War. These records were transferred into the custody of the National Archives and Records Administration in 2008.)
You should re post here and offer an APOLOGY there Michael!
https://www.zerohedge.com/news/2023-10-10/evidence-mounts-israeli-intelligence-allowed-hamas-attack-occur
Bond yields dropped yesterday. Pretty stable today. It looks to be an initial kneejerk reaction yesterday and flight to safety. The 10 year was up slightly today, in fact, just a tiny bit. But it hasn't collapsed since yesterday. We have seen this volatility every few weeks in the 10 year. I do agree inflation is going higher.