10Y treasury yield is bull flagging to what looks like a return to pre-2008 levels.
Question for the next 3-6 months will be how high can interest rates go before massive amounts of debt becomes unserviceable.
The Bear sentiment will quickly return when the FED has no choice but to continue aggressive rate hikes into 2023.
Question for the next 3-6 months will be how high can interest rates go before massive amounts of debt becomes unserviceable.
The Bear sentiment will quickly return when the FED has no choice but to continue aggressive rate hikes into 2023.
