Combined with headwinds and the $30Y still hanging out at multi decade highs. Feels like one of those pops that create wealth just to wipe it out in one leg down. Whether the leg is now or down the road I don't know; They have kicked the can down the road for a while now.
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Combined with headwinds and the $30Y still hanging out at multi decade highs. Feels like one of those pops that create wealth just to wipe it out in one leg down. Whether the leg is now or down the road I don't know; They have kicked the can down the road for a while now.