TNX - Walking the Scarlet Harlot

Poof, up - down - all around...

2.76 dipped in @ 2.702, good to see.

With the FEDs distro of USTs and MBS well
underway ahead of June 15... gobbling up
Yields aren't working out so well.

No.

Supply Limited thanks to the Fellen over @
the Treasury... is now a catalyst for increased chasing.

Jerry can offload the Junk to Banks desperate for Yields
as they are seeing Loan Activity dry up like the Mohave.

Going to be an interesting Liquidity Crisis unfolding again.