Just some actual observations of market levels and historic significance
Bond market and ten year are at a inflection point . Bond market oversold but tagged yesterday against a 20 year trend line ...where previous tags resulted in QE1/QE2 ( 2018 fed reversal of policy went from beginning of raising rates to abrupt decision to cut rates w low unemployment) . Powell and the gang are instead focused on future aggressive rate hikes . Something is very off. Almost seems like it would be ideal timing for a big war ramp up that tanks stocks to save bond market and everyone blames Russia instead of the fed and just the inherent frailty of a debt based system where it has been politically unacceptable to let bad debt be cleared from system for over a decade .
Of course I am not saying things *will* play out low that but something has to give . Unless we are just buying assets clandestinely now for market stability . The US bond market is the biggest deepest asset market in the financial system . It has been in a bull market since the 1980’s . 10 year has been falling in a choppy nature since then and when ever it rose up to tag the top of the bullish trend line the fed cut rates / loosened and it tagged it yesterday and they are talking about rate hikes . Something is off , so heightening war concerns would fit the bill to fix the current problem with rising 10 year rate Soon to be breaking 20 year trend and taking fed off the hook as we would be taught to just blame Russia . Maybe it plays out differently of course , but it’s worth mentioning