The Tighten Up! US Treasury Yield Curve DOWN -206% In 2021, M2 Money DOWN -90%, S&P 500 DOWN -17.5%, Bitcoin DOWN -64.2% (Biden And NY Fed’s Project Cedar To Replace US Dollar) – Confounded Interest – Anthony B. Sanders

Unlike Archie Bell and the Drells, this tighten-up is about The Federal Reserve tightening-up its monetary policy.

On December 31, 2021, the US Treasury yield curve (10Y-2Y) stood at +77.4 basis points, generally a good omen.

Then markets woke up. And not in a woke way.

As The Fed tightens to tamp down on inflation in 2022, we are seeing a pattern. The US Treasury 10Y=2Y yield curve has sunk to -82 basis points, a -206% decline.

In addition to the inversion of the US Treasury yield curve we have witnessed M2 Money growth declining -90%, the S&P 50) index down -17.5%, Bitcoin down -64.2% and gold down only -2.3%.

But we now have to worry about Project Cedar, a seemingly innocent project to replace the US Dollar. A new digital currency would allow Washington DC to monitor your purchases and behavior. And perhaps create a Social Credit Score like in China measuring how well you conform to Biden’s notion of a utopian, green society.

And the US yield curve has been inverted for 109 straight days.