T(rump)GIF – Markets Fiddle While Rates Burn

This is NOT good. Not only are rates spiking 20{5f08f54adb165737e8b48009084fe73a369a6de54dc69452a1da88ef2f1958f6} since the election but we just had the worst Treasury Auction since 2009 – indicating that investors are quickly losing faith in the US's long-term economic prospects. ;And, keep in mind that's WITH expectations that the Fed will… Read entire story.

Source: Phil’s Stock World