Completely FUBAR…
TLT is +1.8% today. Up more than its annual yield. That's why this is happening.
Cap gains > annual yields https://t.co/7c5orJy1mk
— Stevie Vixx (@vixcontango) February 24, 2020
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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