A Wild Week for 10-Year & 30-Year Treasury Yields! Is there Blood in the Streets yet? Is it Good Enough for me to Nibble?
Some thoughts on how I'm easing back into a bond portfolio after 14 years of interest-rate repression.
Source: Wolf Street
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DW NOTE
Wolf Richter spent 14 years sitting out bonds while the Fed held rates at zero, then started nibbling after yields finally rose. Now the 10-year sits at 5.24% — with the Strait of Hormuz still closed, a $1.4 trillion deficit, and the Fed tightening into a supply shock. If that's blood in the streets, it's remarkably orderly blood.