Us Bond Market
Curiously the bond market closed down .23% on Friday
while the us 10 year also closed down 1.2% however
the us 5 year closed up 1.19% . Does anybody see a
disconnect in this relationship ? I believe us treasury
debt is quietly being sold off by china, russia and others
as they have do not have the need to hold us debt in
the same way as they have... historically . There are
better options to conduct global trade vs the us dollar
than has been possible in the past including the rmb,
physical gold and cryptocurrency's . The us financial
engineering has run amuck and the petro dollar is
weakening on a ongoing basis.
Curiously the bond market closed down .23% on Friday
while the us 10 year also closed down 1.2% however
the us 5 year closed up 1.19% . Does anybody see a
disconnect in this relationship ? I believe us treasury
debt is quietly being sold off by china, russia and others
as they have do not have the need to hold us debt in
the same way as they have... historically . There are
better options to conduct global trade vs the us dollar
than has been possible in the past including the rmb,
physical gold and cryptocurrency's . The us financial
engineering has run amuck and the petro dollar is
weakening on a ongoing basis.