Bond Market Tremors Get Louder

Tyler Durden's picture

It appears the cracks in the armor of the central bankers created by an over-enthusiastic BoJ's impact on the quadrillion JPY JGB markets are now rippling through the global market place. While every talking head that dares to speak has proclaimed the weakness in bonds as nirvana for equity bulls, it seems they were wrong, very wrong. As bond market tremors ignite everywhere, so equity markets come a little unglued at the prospect that the Fed, ECB, BoJ, and PBOC may not be so omnipotent after all...


Bond markets...


Stock Markets...


Charts: Bloomberg

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TeamDepends's picture

I feel the earth move under my feet

I feel the sky tumbling down, tumbling down!

GMadScientist's picture

Though they call it Terra Firma

it desolves beneath my feet

francis_sawyer's picture

'Terra FIRMA' is an eggshell thin collection of tectonic crusts floating on a sea of molten mantle magma...


Pretty much describes Wall St. when you think about it...

GMadScientist's picture

Prone to occasionally destroy everying on the surface when you least expect it.

Yep, sounds about right.

francis_sawyer's picture

At least we have freedom of speech... Oh wait!

TeamDepends's picture

Are you on the Main Core (red) list?  Main Core:  A List Of Millions Of Americans That Will Be Subject To Detention During Martial Law @  If not, what have you been doing with your life?  We know you are on there, francis.  Cheers!

francis_sawyer's picture

I'll be like the Klaus Kinsky character on the train in Dr. Zhivago


"I'm the only free man on this train ~ The rest of you are cattle"

ParkAveFlasher's picture

I don't know about you guys, but I just got my Simon Black WormHole-Hover-Round on QVC and I plan on retreating to a Chilean Andes lake fortress with the rest of the True American Patriots.

francis_sawyer's picture

Don't forget to pack your 'Rouchefoucauld' timepiece so you'll always know what time it is in Beverly Hills & Gstaad...

ParkAveFlasher's picture

Won't forget that ... keeping in mind that platinum-rhodium-carbonite-buckyball atomically-correct timepieces will hold their value when bartering for useful goods (like vicuna fur and banana juice) when tshtf. 

Colonel Klink's picture

Kinsky free, cattle (goyim) for the rest.  Got it!

Nothing of note here, move along.

Panafrican Funktron Robot's picture

Keeping an eye on the following levels:

Copper futures:  3

Crude futures:  85

Russell futures:  900

10 year futures:  125

Lots of stuff breaking if any of these have sustained moves below these levels.  The 10 year is particularly interesting.


aint no fortunate son's picture

won't matter - Travis started banging the VIX right after the open and that stopped any stock selloff in it's tracks... all else will follow

Pinto Currency's picture


Now that we've got the all-clear on Europe and the debt problem in the US is resolved, we know that they can really start to crank rates and bring the bond market down.

That's why the Fed and the ECB are shaking in their boots; the bond market is looking that good.

ThunderingTurd's picture


depression's picture

Calm Down People, it's Tuesday for crying out loud.

The Dow will end the day Green.

BTFD 4eva

Hippocratic Oaf's picture

Bob Piss-on-me

Steve Lies-man


Who's the first hack to mention 'it's Tuesday and the mkt should go higher?' or something to that effect

SunRise's picture

Confidence is great while you have it!

CClarity's picture

To be reviewed with fiat. Ettu!

Cult of PersonALity's picture

pour me sum more o' dat Koolaid


Midasking's picture

Is the world finally going to admit it is BK!! oh how I have longed for this day

RSloane's picture

I'm sorry but I'm laughing my ass off. Directly under Tyler's post is an ad that tells people how they may qualify for a free mobility scooter. It may give bond holders something to look forward to.

Ancona's picture

Do a google search for 'Snorg Tees'. Then reload the page for much better ads.

francis_sawyer's picture

Do a google search for 'ladyboy' & you'll get the Booz Allen ads...

fonzannoon's picture

Bonds getting creamed, stocks about to follow. Commodities ex oil getting obliterated....

If I were one twisted dude, you know what I would do? I would break the buck on the money markets and float the nav's. Make sure there is absolutely nowhere to hide. But that's just me. I'm sick, I know I know...

Cult of PersonALity's picture

Ask not what your country can do for you

but WTF you can do for your country  ...


 (or gold...  even better, silver).

kito's picture

really, what WE can do for our country??? come on now....thats so last century..................the country better take care of me..........its my RIGHT as an american..........

francis_sawyer's picture

Snake Plissken doesn't give a fuck about your country or Ghengis Khan...

RSloane's picture

According to the Fox Business page, the sell off is due to markets worrying over how long 'easing' can continue. That is the red flag thrown at the Fed, who I am sure will respond with even more easing, because at this point more is even better. Bernanke is not going to spend his few short months left in embarassment. POMO to the max. That's why I think repair is in order, although I maybe wrong.

SheepDog-One's picture

But as any gas station grease monkey knows, you put too much air into the leaking tire too fast and it blows up. Be careful out there fake money pump monkeys.

CrashisOptimistic's picture

First of all, the talk about running out of Treasuries to buy is silly.  The deficit will be 700-800B for this FY, and higher next year because the 1 time Fannie/Freddie amount won't be there, and the Fed doesn't buy $ 1 Trillion/year of Treasuries.  It buys about 550B of Treasuries (the rest MBS).

So there is plenty of Treasuries to buy.  As for MBS, the Fed can just pay the banks more for each one that is marked to fantasy regardless.  The banks won't object.

kito's picture

even if the equities markets drop 20%, would it be the THE crash that sends the world into a downward spiral???..........i think not.......or perhaps im just jaded at this point......too many false starts................

RSloane's picture

You just want a free sammich Kito. Or maybe to go halfies on a cucumber garden near the Canadian border.

kito's picture

rsloane, there is always room for more........................fonz and i are looking for at least 200 acres......we will be starting a zh commune..............

francis_sawyer's picture

If you want to grow much more than cucumbers, tomatoes, & peas, you'd better bring some Q-tips to help pollinate... The bees have taken the last train for the coast...

kito's picture

pretty sad francis.....perhaps the government can create a new agency.......the NPA perhaps...........they would be responsible for national pollination...........they could hire, to start, 100,000 human pollinators with would boost jobs!!! the win!!!!!........whaddyathink??????

RSloane's picture

Don't laugh but they are already doing that in China.

RSloane's picture

Agreed. Which is why I've been exploring the possibility of starting a colony or two on my land. I would have to keep the bees out of site from passersby, sort of secret their hive activity away in a heavily wooded area. I had a conversation with Laws about bee keeping. He was right but I'm stubborn and have not fully admitted it yet.

kito's picture

what was laws right about with regards to bee keeping??

RSloane's picture

He said it would be either impossible or very expensive to find the bees needed to start a colony, and that their first winter could deccimate the entire hive. I was going to hit up the Amish that I buy meats and baked goods from because they keep bees behind their houses. I think it will be one of those moments when they pretend not to speak English again.

kito's picture

perhaps it might be better to bring holiday gifts to my local apiarist :)

ParkAveFlasher's picture

I think it will be one of those moments when they pretend not to speak English again.

I'm laughing my ass off, but it's sad.  When the SHTF I'll be like Woody Harrelson in Kingpin, drinking the bull's milk.

I used to buy honey at the Teaneck farmer's market, it was sold by an Amish but he bought it from an apiary called Aucker's Apiary in Penn.  I took my wife there one December morning for fun, and met the beekeeper and his wife who were very warm.

They said the industry was in turmoil because of a pesticide made by Bayer in Germany that had such a high nicotine content that the bee colonies were dying off at a higher frequency than they could reproduce.  Apparently, they were suffering nicotine withdrawal.  But, the beekeepers knew it was that and bemoaned their powerlessness to avert it.

That was about 8 years ago.  I doubt the situation has improved.


PiratePawpaw's picture

The few Bee-keepers I know actually get paid to remove unwanted hives from houses.

That is how they replenish their stock.

francis_sawyer's picture

It's not that hard [to start], but it's not all that easy either [to maintain]... There's a lot of shit to learn about diseases & funguses that can kill off a hive even if you get one going... Sloane, you're also right about the weather... This was a pretty harsh winter & it really did a number on the bees... You can tell mostly by the cloverfield activity [or lack thereof]...


If you can't make it with honeybees, then just toss some untreated lumber scraps around [or build a useless frame] & you might some borer bees [which would not produce honey, but get the pollination trick done]...

Things that attract butterflies work as well if you don't mind the caterpillars...

RSloane's picture

No lie, Francis. Its going to be tough first time around. We already have borer bees that we stack excess lumber around to nest them. We're also stripped bark off trees and split the wood and tossed it on their pile. I don't think people understand the devastation a decrease in the current bee population is going to cost us. We have flowers planted that attract butterflies but so far there are very few of those around.

francis_sawyer's picture

The thing about the borer bees is that they spend half their time getting drunk on the lavender ~ lol

tip e. canoe's picture

as should we all...nothin like divin your head into a bush and takin a large whiff...instant antidepressant...

RSloane's picture

LOL go me! We have about twenty lavender bushes planted near our lumber stockpile.

PiratePawpaw's picture

Around here we call em wood bees.

 "would be stingin your butt if you mess with em"

tip e. canoe's picture

some humble suggestions:

if you're that passionate about the bees, you should follow your intuition and make at least an attempt to give them a good home, no matter what the obstacles are.

you might want to consider a top-bar hive  to start (sorry for the wiki, but in this case, it's a good entry point)  lower cost in time & $, gentler learning curve, more room to experiment.   you can make a simple one out of a 55 gallon pickle barrel cut in half.  (DIY plans are all over the net, just remember the All Seeing Eye Is Watching!)  

and if i were you, i would personally hit up the amish for a starter kit...honesty & humility works wonders.   i've found that the passion of beekeeping transcends any cultural barriers in the end.

if you get em started soon, you give them a fighting chance to make enough honey before winter.    and you could always build a small heathouse for them to keep them warm if necessary.

there's one parasite you have to be wary of more than anything : the dreaded Varroa Destructor.   vampires they are, and will decimate a hive if you allow them the time to hit the steep 2nd derivative in their growth curve (sound familiar?).   however, a simple dusting of powdered sugar and a spray of some mint/thyme/hops tea every now and again keeps the fuckers in check pretty good.

good luck mate.