The Bond Market is melting down - January 10, 2018
Dear steem friends,
You should go check out what the bond market is doing this morning. It has been on a melting streak yesterday, and today it opened decidedly lower:
This is a very bad situation that could cause the stock market to also have issues.
It sounds like China is considering dumping US Treasuries:
https://www.zerohedge.com/news/2018-01-10/markets-turmoil-china-treasury-purchase-halt-news
This, a day after Bill Gross calls a Bond bear market:
https://www.zerohedge.com/news/2018-01-09/bill-gross-calls-it-bond-bear-market-confirmed-today
I'm more than certain that Greggory Mannarino will be chiming in at some point this morning, so follow him if you're not already:
https://steemit.com/@marketreport
The bottom line is, that the Bond market is a gigantic bubble and if it pops, we are going to see carnage.
And just like clockwork - Gregory has posted a video - https://steemit.com/money/@marketreport/special-report-china-says-no-to-us-debt-bond-market-gets-slaughtered-by-gregory-mannarino
fantastic post
Thanks. This is very important to watch.
thanks brother
Bad mojo.
That’s s fact jack
The stock market is a copletely rigged casin for the banksters. They control it and can dump it at any thime. Just like 1929 when they had Churchill come over and pull it in the famous words of Larry Silverstein.
Totally agree.