The US Treasury bond market is behaving abnormally: after the 2020-2022 collapse from ~190 to 117, bonds have failed three momentum waves to rally even during sharp stock weakness, did not recover when stocks sold off recently, and do not correlate well with the Fed funds rate—prompting the New York Fed (Williams) to announce bond purchases due to 'illiquidity,' signaling official concern.

factualpending

Speaker

Michael Oliver

Evidence Quote

we've got a US T-bond market that acts like it's comeosse

Source

Worst Bear Market Of Our Lifetime To Start In 2026? | Michael OliverAdam Taggart | Thoughtful Money®
Created: 6/18/2026, 1:59:24 PM

My Notes

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