yields only go down, ADP way better than excepted and it collapses anyway. any rally immediately gets crushed even if inflation is 1000%. who's buying these worthless bonds?
heavy_assault
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i like to think of bonds as a 100 p/e zero growth tech stock.
makes nasdaq (FAAMG, tesla, nvidia etc) look cheap. biggest asset bubble in the universe, yet it only goes up and the p/e of bonds keeps on rising.
Johnny_Rockets88
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There now has been 3 Chinese real estate corporations who have missed USD bond payments. collateral is leaving the system very fast. the treasury short squeeze will be one for the ages.