Bond "Barracuda" - TMSpotlight by Les Parker
Jun 22, 2024•1 min
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Episode description
06-17-2024 Bond "Barracuda"
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Bears, this is the end; Bulls rise up again - to reign
They had to take the trend away.
Bond barracuda kept the Fed in line, resulting in a new bull market.
Long-term, look for the 10-year yield to stay below 5% and mortgage rates below 7.75. Imagine a sub-6% 30-year mortgage rate by yearend and the 10-yield falling below 3.50. Global political and financial uncertainty continues to pressure the Fed to keep the system liquid. This outlook is:
Inflation’s gonna burn, burn, burn to the wick. Bond Barracuda
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Song: Barracuda (1977) Heart
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