“The price of light is less than the cost of darkness.”
A brief review of recent 10-year treasury yield levels from January of 2016 to the present –
10-year treasury yields hovered around 2.0% for the entire month.
February to early November
10-year treasury yields spent this 9-month period under 2.0%. In early July the 10-year hit a low of 1.37%.
November 8th – Election Day
10-year treasury closed that day at a…
There is a legendary creature in Australian and British folklore that goes by the name of the Oozlum bird. One of the leading stories has the bird flying in ever-decreasing circles until it manages to fly up its own fundament. This behavior places our friend on a path to self-extinction. Other stories suggest that the bird flies backwards because…