Loading ...Now What?
The Repo market is broken. Again. This time because of lack of treasuries to short, so now there is a short squeeze in 10 Year treasuries.
What a system. Apparently there could be fire works at market open.
Interest rates collapse and the market explodes to the upside if the Fed reacts?
Blood bath if the Fed steps aside?
PMs too, one would suppose.
Pass the popcorn.