Bill’s Commentary:
“Since the high in interest rates back in 1982, history has shown that each and every bubble has been popped by rising interest rates. This time is a little different…in a bad way. This time, the debt is magnitudes larger than ever before, and central banks are tightening with rates at 19 year highs. What could possibly go wrong? Maybe coordinated?”
30-year Treasury yield hits highest level since 2007 after Fed keeps rates unchanged
Yields on longer-dated U.S. Treasurys rose on Wednesday, as traders weighed whether the Federal Reserve can keep inflation at bay following its latest monetary policy decision.
The 30-year Treasury bond yield jumped 10.5 basis points to 5.201%. It also hit its highest level since July 2007 at 5.244%. The benchmark 10-year note yield also climbed nearly 7 basis points to 4.671%.
Shorter-dated Treasurys rose, pushing yields lower. The 2-year yield traded 4 basis points lower at 4.236%.
Bill’s Commentary:
“Oops!”
AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say
The battered hedge fund founded by former OpenAI researcher Leopold Aschenbrenner is unwinding many of its trades after big losses on artificial intelligence stocks and a bad bet against software stocks left it scrambling to raise cash, according to people familiar with the matter.
The prime brokers for the fund, Situational Awareness, have been rushing to raise cash to meet margin requirements, the people said. Ken Griffin’s Citadel hedge fund reached a deal to buy the fund’s publicly traded assets, people familiar with the deal said.
Bill’s Commentary:
“The revaluation will take place, but from a fiscal standpoint it will only be a drop in the bucket for the US Treasury.”
The Gold revaluation – Part 2: How it actually works
In Part 1 (click here) I showed you seven facts nobody was connecting.
Today I show you the accounting behind it, and why this could happen without a single vote in Congress.
One accounting entry. Over $1 trillion unlocked. Here is exactly how it works.
The latest from USA Watchdog –
BillHolter.com 
Thank you pamelamoves@gmail.com
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