Tag Archives: Financial Repression

The Great Repression: Freedom of Speech in the Bond Market

We’re baffled anybody still looks to the U.S. bond market for signals of future economic activity, inflation, or even risk aversion.  Case in point is today’s 7-year bond auction, which CNBC’s Rick Santelli rated an eleven on a scale of … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Economics | Tagged , , | 1 Comment