If anyone is curious as to where the markets go next…go look at other sovereign bonds for comparison. I think there is only one way this resolves: the other sovereigns sell off and get higher yields, the US bonds get lower yields and rally…and incidentally, the dollar shortage intensifies.
Leading Index for Commercial Real Estate Increased 7% in June
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From Dodge Data Analytics: Dodge Momentum Index Expands 7% in June
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew
6.8% in June...
4 hours ago