Half of US federal spending is unrecorded.
These dang trillions are flying by so fast, they’re hard to see.
And these are the good times.
Nice to know our government is generous, even rewarding corporate failure.
Just add tax cuts and ballooning expenditures. The media chose to silence the report to death.
Chorus gets louder. But no one will be ready for those mortgage rates.
Treasury yields don’t matter – until they do. Mortgage rates jump.
All kinds of factors are coming together beautifully.
With a sense of urgency. No more dilly-dallying around.
Just as the Fed accelerates its QE Unwind. Treasuries reacted.