The toasty PPI has people selling bonds (yields rising) and the
2/10 curve is about to invert again (like I mentioned yesterday).
It was under 1.0 for a hot second overnight before recovering
a bit. Gold sniffing out what many knew was inevitable - the
Fed is stuck in a box with no good way out and will choose to ease
into inflation, causing more inflation, to save the banks and the
wealthy.
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The toasty PPI has people
Nice and toasty PPI today. market should be biased to ...
Posted by bthefnd on 12th of Sep 2024 at 12:00 pm
The toasty PPI has people selling bonds (yields rising) and the 2/10 curve is about to invert again (like I mentioned yesterday). It was under 1.0 for a hot second overnight before recovering a bit. Gold sniffing out what many knew was inevitable - the Fed is stuck in a box with no good way out and will choose to ease into inflation, causing more inflation, to save the banks and the wealthy.