3min chapter

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Hugh Hendry: The U.S. Dollar System Is Broken

Market Depth

CHAPTER

The Greatest Market Ever in Financial Markes

Three periods where ten year treasuries, in their yields, were rising and and causing people to obviously pair off. The stabilization in our world only returned when there was actually a profound and shocking a reversion in the price trend of the equity family. And that's kind of where it feels like the last 18 monthsad the private sector has taken it upon its own to tighten credit. You know, wev reraised tenure treasury's from forty seven basis points,. We went over 300 basis points, and were still giveor takiward. Were chasing the shadows of three.

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