The Market Ticker - Leave Milk And Cookies
… but don’t believe; Santa is mythical, of course.
The market, that is. Santa appears to be here, with a ~13 handle overnight move. Am I supposed to be surprised? No. But the yield inversion continues to be nasty, with the TNX under 40 this morning and the IRX at 52.2.
Its always a sign of strength of the economy when the 13 week T-bill trades more than a full point of yield higher than 10 year money.
Source: https://market-ticker.org/akcs-www?post=250324
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