Aussie mortgage rates continue to climb
-
Despite the Reserve Bank of Australia (RBA) hiking official interest rates
by less than most other advanced nations, Australian mortgage rates
continue t...
2021-06-02
10yr 2yr Ratio
I talked about this chart in early April. We're back at levels seen in 2011, right before markets took a nose dive. We're here for the same reason too: central banks and governments combined for a massive liquidity binge. The difference is China didn't participate with stimulus this time and it only took 1 year instead of 2 years to reach this point. Is this time different or is everyone about to become extremely disappointed? For mysdelf, I like being long gold/miners and short technology here because it's a potential winner if this is the biggest bear market rally in history and it's also a winner if there's a regime change to much higher inflation.
Labels:
Charts,
interest rates,
treasuries
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