PRIVATE BLOG – The 30-Year Treasury: The Canary in the Coal Mine of a Dying System
PRIVATE BLOG – The 30-Year Treasury: The Canary in the Coal Mine of a Dying System
Source: Armstrong Economics
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DW NOTE
Armstrong calls long-term Treasuries a canary in the coal mine while oil trades $87 despite the Strait of Hormuz being effectively shut — one ship in six days versus the usual seventy-three. The canary isn't dying. It's watching someone else's crisis through bulletproof glass.