12/2 Settles
Bond Yields Rise Again
Not much action around the markets today, as long time readers know we will not inundate this blog with fluff, if its a boring day, its a boring day. We did watch the Trump speech and its pretty interesting. We are quite sure the hate from the left will continue to clamor that Trump is trying to steal the election. Well the reality is, all Americans should demand the truth and want to know that the elections were done fairly and impartially. When one looks at all of this objectively and even if you are a staunch Democrat, you have to check your Left wing ego at the door and realize that if this shoe was on the other foot, our cities would be burning! That is a clear fact. Secondly this isn’t just about America, if its not obvious that the rest of the world is watching intently, the bigger question should be why? Why is the rest of the world so interested? Well if the answer isn’t obvious to you, better start reading, better start thinking outside the box, this is bigger than America!
Anyway here are the settles:
Bond yields continue to rise with the 30Y bond reaching 1.703 and the US yield curves continue to steepen. For those that missed out on our subscriber only posts, feel free to sign up and support our work!
As always, please share our work and subscribe if you haven’t already, your continued support allows us to bring you relevant and important market analysis and content. We are underpriced with the free tier, way underpriced with a 2 latte a month style and about just right for the Founders which has access to our Global Futures Benchmark Program positions tracker daily. We hope you enjoy our work and we hope you continue to support us.
-Magnelibra Econemotions
DISCLAIMER: For educational purposes only. This is not a solicitation to buy or sell commodity futures or options on neither commodity futures. The risk of trading securities, futures and options can be substantial and is not for everyone. Such investments may not be appropriate for the recipient. The valuation of futures and options may fluctuate, and, as a result, clients may lose more than their original investment. Nothing contained in this message may be construed as an express or an implied promise, guarantee or implication by, of, or from the author Michael Agne owner of Magnelibra Capital Advisors. All rights are reserved. We will never claim that you will profit or that losses can or will be limited in any manner whatsoever. Past performance is not necessarily indicative of future results. Although care has been taken to assure the accuracy, completeness and reliability of the information contained herein, we make no warranty, express or implied, or assume any legal liability or responsibility for the accuracy, completeness, reliability or usefulness of any information, product, service or process disclosed.