The Yield Curve Just Keeps Collapsing...

"probably nothing..."

The Treasury yield curve continues to plumb new cycle lows with 2s30s now below 94bps and 5s30s testing below 60bps...


If the tax deal is so 'growthy' - why is the yield curve signaling degrowth?

Who's right about growth? Bonds or Stocks?


lester1 Tue, 12/05/2017 - 09:34 Permalink

Only central banks and complete idiots are buying US Treasuries right now. Why on Earth would anyone buy 2 yr US Treasuries at 2.17% when you can Bitcoin or stocks and make 2.17% in a day ????

NEOSERF Bernardo Gui Tue, 12/05/2017 - 09:59 Permalink

All sarcasm aside, that is correct.  When volume collapses to this point, retail is in passive investments, the algos have a field day and are pre-programmed to make sure there are no trading day losses at any brokerage or CB.  Bonuses are coming out in March and finishing up December strong will happen.  Even the futures are now wrong every morning

In reply to by Bernardo Gui