The markets have done as we expected, but not for the reason we expected. The meltup could have been worse, and may still yet get worse. But the Treasury figured out how to keep new Treasury supply flowing to market even though we’re at the debt ceiling. That slowed the rally.
We’re not sure why they did that, but ours is not to reason why. It’s to know what to do about it. So, here’s how the Treasury did it and why it can’t continue indefinitely. Then I’ll tell you what all that means for your money in the months ahead.
Subscribe to and read this report in the Treasury Supply and Demand Pro Trader, risk free for 90 days.
Enter your email address in the form to receive email notification when Treasury Supply and Demand reports are posted. Select the reports for which you want to be notified from the list in the form.