It is remarkable how few Bond Holders did not envision this possibility. The engrained mindset becomes one of defiance at any cost to preserve the Cult's Dogma.
The Bond Market within the United States is ever so slowly being destroyed, its destruction is accelerating for reasons we have outlined repeatedly.
Trade Safe out there, disruptions are simply beginning.
- HK
Comment
The Bond Market has not been the flight to safety so routinely touted by Bond Market Participants.
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