Forced buy back on bonds caused bears to emerge. Here to stay or just a temporary phenomenom?
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.
$iShares iBoxx $ Investment Grade Corporate Bond ETF(LQD)$ $iShares J.P. Morgan USD Emerging Markets Bond ETF(EMB)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ $iShares Bitcoin Trust(IBIT)$ $SPDR Gold ETF(GLD)$ $iShares Silver Trust(SLV)$
My take on this is because Japan bond market is crashing, so US has to save them = printing more USD back end = US dollar value drop d/t saturation = people flock to alternative commodities = surge in BTC, Gold and Silver.
So lets see what Bessent going to say in his press conference later @ 1pm PST to ease the fears in the market. So far the market continues to be bearish, so maybe market has already factor in the post “Bessent effect”.
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- fizzzi·08-25 02:02TOPTLT bounced back pretty hard after the 2013 taper tantrum too, so this kind of bond puke does not always stick. I care more about whether credit spreads keep blowing out1Report
- ZOE011·08-25 02:02TOPGold and BTC can stay bid without that whole USD saturation leap. DXY has not exactly rolled over, so the hard asset bid feels more like fear plus duration pain1Report