
Irrational Exuberance, Again? [Eurodollar University, Ep. 179]
Eurodollar University
00:00
The Tick Data Is a Very Strong Proximity, Jeft
Four months of net selling between may and october. Treasury curve flattening out tremendously, even though nominal rates were rising during especially september and Octobers. This is very much consistent with the deflationary type money signal that we're seeing in tik te. Day before you posted this article, bloomberg had a headline that soudy arabia's holdings of us. It was in the first month. And so that's really these negative months have kind of piled up over the second half of the year,. which goes along with, you know, just tha us.
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