Global Treasury Yield Hits 15-Year High, Back To 2008 Despite No Change In Industrial Production (REAL 10Y Yield Now Highest Since 2009, Approaching 2%)

confoundedinterest17 #bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of England, Bank of Japan, Banking, C&I, CMBS, CRE, Credit, Cryptocurrencies, Currency, Dodd-Frank, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, GSE, Housing, Inflation, Jobs, Mortgage, Oil, Powell, REITs, russia, Silver, SPX, Stocks, Treasuries, Treasury, Wages, Yellen, Yield Curve August 17, 2023 1 Minute

This is very strange. Global Treasury Yields just rose to a 15-year high (2008). This is primarily due to Central Bank moneta

And REAL 10-year Treasury yields also the highest since 2009.

At the same time, US industrial production is at the same level as pre-financial crisis (2007). Despite Federal Reserve monetary stimulypto (remember, The Fed’s balance sheet remains abouve $8 trillion.

This is Obama/Biden/Yellenomics. Trillions of dollars of fiscal (green) stimulus and monetary stimulus only to have industrial production be at the same level BEFORE The Great Recession and financial crisis.