Yields Are Higher

Now pundits are posting about falling Treasuries. For example: Dead Cats Bouncing: Musings on the Markets

It’s conceivable that 10 year yields in the US will hit well over 5% plus over the next 12-18 months,

While agreeing that yields look like they are going to move higher, you have to be puzzled by the market’s action today. U.S. 10-Year Treasury now at 4.10 up 0.10, supposedly because of inflation fears, but Oil is down $3.50, Gold is down $21.70, the USD is up and the CRB is down.

Strange Indeed!

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