Bond yields increasing means that the cost of getting debt is increasing for the US. Higher yields means that bond holders think there is more risk that the bond won’t be paid back and want more interest rate. Same effect as a 550 credit score and an 800 credit score person applying for the same car loan. The 550 is gonna get a 21% loan and the 800 is going to get a like 10% loan. The lower credit score means they are more risky to loan to as they might default, so the interest rates are higher to compensate.
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T notes being up is a bad thing.
Bond yields increasing means that the cost of getting debt is increasing for the US. Higher yields means that bond holders think there is more risk that the bond won’t be paid back and want more interest rate. Same effect as a 550 credit score and an 800 credit score person applying for the same car loan. The 550 is gonna get a 21% loan and the 800 is going to get a like 10% loan. The lower credit score means they are more risky to loan to as they might default, so the interest rates are higher to compensate.
You’re 100% right. I’m a moron. lol.
Markets stay irrelevant longer than you stay solvent
Markets stay irrational longer than you can stay solvent.