US Bond Markets Spell Trouble Ahead
US bond markets spell trouble ahead, and they have been raising red flags for well over 3-1/2 months now. Since 13 May 2019, the 3-month UST bill's yield has consistently surpassed the yield on the 30-year UST bond, with the exception of a few days. This is an event that should never happen a single time in a healthy economy, let alone for nearly every …
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