That's what makes a 2-way market ;-)

Remember my call in Nov 2023: we would see a 10Y yield at 6.5% by end of this year. I fear it has been pulled forward massively. I have posted all the reasons - macro to micro - for clients.

Samantha LaDuc And I think that makes bianco smile but it would also take mortgage rates up to 10.. consider this my own call! The ten year is likely near a top unless core pce goes off the charts but the real issue right now is the consumer with little savings and maxed out debt . Maybe behind…

Gordon Miller Samantha LaDuc 15 % mortgage rates.

Toptrdr (respect the power of the market ) Samantha LaDuc 1981… wrong decade ..

Gordon Miller Samantha LaDuc tell me why 1981 rates peaked if u know it then u know why rates are going up.

Toptrdr (respect the power of the market ) Gordon Miller Samantha LaDuc Thomas Tooke / Gibson
Principle of alteration of the currency and rates. You have a repeat of 1927 / 1967 repeat of FX as reserves discharge. (Thornton 1802)
(aka second principle of return in kind and return in Money - also Thomas Tooke)
Jamie Dimon knows.

Geoffrey Fouvry Gordon Miller Samantha LaDuc in short its the debt .

Toptrdr (respect the power of the market ) Gordon Miller Samantha LaDuc And the discharge of FX as reserves just like in 1927 in 1965

Geoffrey Fouvry Toptrdr (respect the power of the market ) Gordon Miller Samantha LaDuc Lather, rinse, repeat