Caption: This H-portfolio contains 30 bonds covering major sectors such as tech, utilities, energy and financials, and includes bonds sold by Deere Capital Corp., Lowe’s Cos Inc., AMZN etc.
This is the largest, most liquid, market in the world. It is heading for ‘no bid.’ It’s also a fair proxy for Bank of America’s $760 billion bond portfolio. Fucked. pic.twitter.com/4UZ6qV7Hee
— Porter Stansberry (@porterstansb) October 18, 2023
“Investors and Federal Reserve officials scrambling to make sense of surging U.S. Treasury yields.” Maybe it’s because the government can’t possibly afford it’s outstanding debts and spending is completely out of control? https://t.co/9bzxMqxrwx
— Porter Stansberry (@porterstansb) October 18, 2023
U.S. 2-year treasury yield has risen to 5.24%, highest since December 2000
— unusual_whales (@unusual_whales) October 18, 2023