Skip to comments.Alarm! 3rd Consecutive Year Of Negative Returns On 10-year Treasuries Which Has Never Happened In History (10Y Yields Up 308% Under Biden, Mortgage Rates Up 156%)
Posted on 09/24/2023 10:48:33 AM PDT by Kaiser8408a
Alarm! US 10-year Treasury yields are soaring along with mortgage rates.
The US Treasury market is witnessing another significant selloff, pushing the 10y UST yield close to the 4.50% mark. The surge in real rates is remarkable, reaching 2.12% for the 10y, a level not seen since 08’. While this might appear attractive in real terms compared to historical benchmarks, could we be on the brink of a third consecutive year of negative performance for US Treasuries? To put this into perspective, such a scenario has never occurred in history.
The conforming mortgage rate is at 7.3%, up 156% under since Biden’s coronation as El Presidente of the United Banana Republics of America. Where political opponents are indicted prior to elections.
In Biden’s Banana Republic economy, the US Treasury 10y-2y yield curve remains inverted.
El Presidente Billions Biden.
(Excerpt) Read more at confoundedinterest.net ...
What do you expect with a $33 trillion debt load?
We are so overdue for a gut-wrenching full capitulation stock market crash. It has now been fifteen years without one and every financial adviser and their dog and cat are pushing stocks stocks stocks.
October is traditionally the month when they happen....stay tuned....
Except Biden is taking in and supporting Maduro’s bankrupt people, at American’s expense.
Tell those advisors that you prefer to buy....AFTER the crash 😬
"Alarm! 3rd Consecutive Year Of Negative Returns On 10-year Treasuries, a string of fools and losers as leaders over 30 plus years (like Rome) and $33 trillion in debt...Which Has Never Happened In US History..."
Now that was easy.
I never have had a financial adviser and I managed to retire just fine—but they are everywhere and pushing the stock market—because it has had a great run since the 2008 crash.
Some young ‘uns are gonna get burned....
I have been warning them—after a real crash most financial advisers become former financial advisers—some because their firm crashes and burns and some because they get sick and tired of having clients yell at them all day and finally walk out of the office in disgust....
IMHO the time is now to start adding to 10 year T-Bonds (via ETF’S) positions.
If you’ve never seen a “flight to quality” before…learn about it.
Good for you. Some people prefer assistance from a professional.
And I’ve been doing that sort of thing for over 35 years now.
Agreed, my advisor has helped me immensely.
Indeed many businesses have went under from his first day in office and will keep doing so until he’s out of it.
We are in the Venezuela stage now.
Solid advice—we are on the same wavelength.
The risk/reward ratio of the stock market is much much worse than T bills right now.
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