Steven Van Metre: The Fed's Move to Taper and Evergrande's Critical Moment
Real Vision: Finance & Investing
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Bonds - Can the Tenyer Yield Move This Violently Without Freaking Out?
High yield market yields thereare the lowest in history, and just have been sort of sticking at that point for quite some time. When the fed announced this late july, i was like, old mi got they are going to create a massive amount of demand for treasuries on top of their own qe purchases. And all of a sudden, what didd we see immediately follwing, massive demand from indirect bidters because now they don't need to hold on to us many dollars.
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