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ISM Spoils The Bond Rout!!! Again

By |2019-10-03T17:59:37-05:00October 3rd, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

For the second time this week, the ISM managed to burst the bond bear bubble about there being a bond bubble. Who in their right mind would buy especially UST’s at such low yields when the fiscal situation is already a nightmare and becoming more so? Some will even reference falling bid-to-cover ratios which supposedly [...]

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