2 Year Drops To Fresh All Time Low Yield, Prepares To Breach 0.4% As Gold Touches On Fresh Record
As Morgan Stanley pointed out earlier, the entire market now revolves around the insanity of one man. Just one man. That insanity has just taken the 2 Year UST to a fresh all time low of 0.4066%, and gold to an all time high of $1,320. Once the record divergence between stocks and bonds collapses, it will be one for the generations. Too bad not many may be left. At least gold "bugs" will have the last laugh over the paper bugs before it all blows up.
2 Year, fresh all time record:
Gold, fresh all time record: