6 thoughts on “Bond Yields The Canary In The Coal Mine”

  1. True enough.

    We probably aren’t there yet. Can money be said to be tight when the Federal Funds rate is roughly equal to the CPI, to wit, zero in real terms? The Fed since Dec. monetized $200 billion of Trump $2 trillion deficit, amplified by the banking system. The bubble is still being fed.

  2. YEAH, THE FINANCE DIRECTOR HAS RECOMMENDED A GET-AROUND REFERENDUM …. 2/3 BONDS THAT DON’T REQUIRE VOTER APPROVAL… TC. OK THEN VOTE NO ON THE SALES TAX INCREASE.

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