Bonds 06 (Oct 23 - Dec 26)

[behappyalways]

The world's second biggest bond market is about to freeze up:
https://x.com/zerohedge/status/1955652472283820464

[behappyalways]

The last 125 bps of bank rate cuts by the BoE have seen the 10-year Gilt rise 87 bps.

Cutting rates is NOT lower long rates!
https://x.com/biancoresearch/status/1956678715653358045

[behappyalways]

French Bonds, Stocks Tumble As Government Risks New Collapse In Weeks
https://www.zerohedge.com/markets/frenc ... apse-weeks


*Yields near one-year highs; France, Japan, UK, Germany, and Canada.
https://x.com/Convertbond/status/1960134565525135580

[behappyalways]

*FRENCH 30-YEAR YIELD RISES ABOVE 4.5% FOR FIRST TIME SINCE 2011

*UK 30-YEAR YIELD CLIMBS TO 5.66%, HIGHEST SINCE 1998
https://x.com/zerohedge/status/1962833387711848851


"Quite Dangerous": Gilt Yields Hit Highest In 27 Years As UK Budget Bungle Rattles Investors
https://www.zerohedge.com/markets/quite ... -investors

[behappyalways]

Probably because investors are losing confidence in these governments.

Most will have to debase their currencies further by running high deficits. As a result a higher yield premium is being demanded.
https://x.com/Mayhem4Markets/status/1963320975262433634

[behappyalways]

The skepticism is warranted. I wouldn't want to lend to any of these countries for 30 years at prevailing long-end rates.
https://x.com/Mayhem4Markets/status/1965076453181280267