The tweet was deleted by the author.
But we saved everything 🙂.
Long-term bond yields experienced significant volatility today as markets reacted to news about former President Donald Trump’s alleged progress with Iran. Mike Shedlock highlighted the shifting sentiment in the bond market, drawing attention to the rapid reassessment by investors.
Shedlock underscored the rapidly changing outlook in response to geopolitical headlines, inviting further discussion on the market’s behavior.
Shedlock has previously flagged the risk of China masking U.S. treasury holdings via state-owned enterprises in European markets, raising questions about data clarity. He also stated that the odds of an emergency Fed rate cut, as requested by Trump, are zero. The recent comments add to his ongoing scrutiny of market responses to policy and geopolitical developments.