The Bond Market is selling off late in the morning today

in #life7 years ago

It's 11:47am Eastern Time as I'm writing this on January 31st, 2018.

This morning, the Bond Market opened decidedly higher, as discussed by our good friend Greggory Mannarino:

https://steemit.com/money/@marketreport/stocks-rebound-as-epic-bond-market-gaming-begins-again-by-gregory-mannarino

However, that opening high has quickly subsided and we are now having the Bond Market selling off:

Of course the Bond Market going down, means the 10 Year US Treasury bond yield is again going higher, just by 1 basis point so far. As this (if this) continues, I would expect to see the Dow Jones gains which are at tripple digits to melt off and perhaps even go negative. Yesterday was a massive sell off of all asset classes.

Keep an eye on this my friends. Get into alternate assets. Physical Gold and Silver is not a bad move at this juncture, IMHO. Cryptocurrencies are probably a good idea as well, maybe some bitcoin, maybe others. I would definitely hedge all bets at this time and don't go all in on one single asset.

Good luck my Steemit friends!

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