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Oops caught you staring… again 🤭
OOPS! Treasury Buyers Get 5% Long Bond for First Time Since 2007. A $25bn auction of new 30y US Govt Bonds was awarded at 5.046% based on the yields that bidders said they were willing to accept, showcasing middling demand. Auction bidders are demanding higher fixed rates as compensation for the risk that inflation will accelerate further, driven by rising energy prices. (BBG)
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Oops
looks like my outfit disappearing before me 🫣
Oops.
I was told this could never happen either.
Don’t blame it on droughts.
This is a second-order effect of the surge in energy prices.
oops... i forgot to wear cuffs
