Saturday 9 MarchInterest ratesUS Treasury bonds have rallied a little further, with yields dropping from 3.1% to 3.0%, but remain in their 3-month consolidation zone.Government bonds in other jurisdictions have rallied too, and I note that Eurobonds have hit a new record high. This suggests that the probability of a recession in Europe has increased.Fiat … Read more
To access this post, you must purchase a membership.