AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Ten Year Treasury - Is That the Bottom of This Cycle?
The dollar is the reserve currency of the world, which means it acts as the denominator for about 70 to 80 % of transactions and commodities and instruments. About anything is prized in dollars. And if you want to buy treuries, i'll give you a nominal return that might be a bit complicated to accept because urolds were on germane bonds when this was happening. So with enough time, you're thinking, this goes negative? Yes, pretty much.