Silverado! US Treasury 10Y-2Y Yield Curve Remains Inverted At -102.7 (244th Straight Days Of Inversion) As Liquidity Evaporates (Silver UP >1%) Bitcoin CASH UP 12% This AM – Confounded Interest – Anthony B. Sanders
June 26, 2023
Silverado! No, not the Chevy full-size pickup truck, but the precious metal Silver is up over 1% this morning!
The US Treasury 10Y-2Y yield curve remains inverted at -102.7 basis points for the 244th straight day as M2 Money YoY (aka, liquidity) evaporates.
Silver is up over 1% this morning.
Bitcoin Cash is up12.39% this morning.
Speaking of Silverado, a fully loaded new 2023 Chevy Silverado 1500 ZR2 costs around $100,000. Thanks Biden and Powell (BiPow?). Try financing that purchase with auto loan rates soaring!
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