Your post would make more sense if interest rates on U.S. government bonds were rising dramatically. But they’re actually pretty steady — or rising very slowly. In face, the yield on a 30-year Treasury note was 3.06% yesterday — which is lower than it’s been at the end of every month from September onward.
Yeah I know. 3%? I lived through double digit interest and inflation rates. These 1/4 increases are predictable and have likely been factored into the market for quite awhile. This volatility will continue until the China trade war is resolved.
“Your post would make more sense if interest rates on U.S. government bonds were rising dramatically.”
Not sure what you mean. Can you elaborate?