Us Bond Market Curiously the bond market closed down .23% on Friday while the us 10 year also closed down 1.2% however the us 5 year closed up 1.19% . Does anybody see a disconnect in this relationship ? I believe us treasury debt is quietly being sold off by china, russia and others as they have do not have the need to hold us debt in the same way as they have... historically . There are better options to conduct global trade vs the us dollar than has been possible in the past including the rmb, physical gold and cryptocurrency's . The us financial engineering has run amuck and the petro dollar is weakening on a ongoing basis.