Bonds

From Grok:

Global bonds are selling off together. That matters more than whether Scott Bessent’s latest tweak “failed.”USD/JPY is back near 160 after the July US-Japan intervention. The US 10-year is around 4.75%. Japan’s 10-year is near 2.94%, a 30-year high. Germany is ~3.3%, France ~4.16%. Those are not isolated US plumbing problems.

Treasury’s bigger long-end buybacks and talk of using the ~$950B cash pile can smooth liquidity. They cannot cap JGBs, Bunds, or OATs. They also have not started in size yet.

The cleaner read: markets are demanding more term premium worldwide — oil, inflation, fiscal supply, and BOJ/ECB tightening risk. Intervention and buybacks can blunt a disorderly spike. They cannot rewrite the global rate regime.

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6 responses to “Bonds”

  1. From your articles it sure looks like a global economic collapse and they cannot stop it. Time is short, keep prepping and stay in prayer.

    1. Ask yourself why this is not mainstream news.

      1. Yes I have thought about it David, the only answer I can come up with, they are all in on the collapse and want us dead and gone. I have to keep things as direct and simple as I can.

      2. Ever watch a cattle slaughterhouse operation?

        Keep the cattle moving but unafraid. Scared cattle can trample through the chutes and kill workers.

        When a Banking Holiday occurs its slaughter time.

        When the ATM stops, when the bank doors are closed, when the Credit Cards are frozen.

        Who you going to call?

  2. I’ve been waiting 20 years for a bond market dislocation that would finally force some sanity back onto the economy. I’m still waiting. But it finally looks as if it could actually happen. The momentum that the neverending scams have been capable of maintaining is as frustrating as it is impressive. I never thought the can could be kicked this far, and they aren’t done trying yet.

    Obviously, we should’ve taken the bitter medicine in 2008, and even though we went through a rough spot, that was a mere fraction of what was due to us. Most if the BS never got unwound, and so now here we are with a tidal wave of failure that will consume the planet.

  3. With governments, the bond market is nothing more than a bunch of con men exchanging bad checks.

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