Mid afternoon, cold as hell in Michigan report:
And yes, there is a Hell, MI.; but not warm there today.
Bonds, in particular U.S. issues; continue their pathway established throughout the day, last Friday.
3 Month 0.01% 0.00 (0.00%)
6 Month 0.06% -0.01 (-14.29%)
2 Year 0.65% -0.03 (-4.41%)
5 Year 1.56% -0.05 (-3.11%)
10 Year 2.04% -0.05 (-2.39%)
30 Year 2.62% -0.04 (-1.50%)
Global 10 year yield dataBond issue mismatch at $600 billion???Take care,
Catch