Markets have to Stay Balanced

Opening up the hood to discuss Volatility

Yeild Curve at -0.77 is decline of .39 from is first week in May from -0.39 or 102% decline in just under a month. Was this fueled by the #DebtCeiling panic? Maybe? Or the AI run up in company’s such as #Nvidia? Could be.

What is see is a move from the short term risk of 2 yr bonds to the mid range bonds of 5yr to 10yr pushing short term yields higher (good for money market accounts) and mid term yields lower. This is similar to what happened in late February in to early March eventually causing a run out of banks to money market accounts with better yields and three banks eventually being taken over by the FDIC. Could this be the start of another run on the banks?

Markets are Not Up because of AI