Category: Banksters

The Pricing of Risk is Kaput

The Pricing of Risk is Kaput by Wolf Richter – Wolf Street US Treasury Yield v. Euro “Junk Bond” Yield. A new record in central-bank engineered absurdity.  US Treasury Securities with longer maturities fell this morning, with the 10-year Treasury yield...

Watch the Fed’s New Guard, Not the Old

Watch the Fed’s New Guard, Not the Old by Jim Rickards – Daily Reckoning Expert consensus was almost unanimous that the Fed had sent a hawkish message after its September meeting. A December rate hike was “still on the table.”...