“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Does the Bond Market Believe the Fed - Finally?
A big selloff in Treasuries results in a break of the trend between 10 year and two year bond yields.