Bill’s Commentary:

“Every bubble since 1982 has been popped by rising interest rates, this “Mother of all Bubbles” will be no different!”

Tailing 30Y Auction Prices At Highest Yield In 25 Years

After yesterday’s ugly 10Y auction, moments ago we got the last of the week’s refunding auctions, when the Treasury sold $25BN in 30Y paper (the same paper that has seen yield shoot up in the past week, ever since Warsh’s most recent FOMC meeting in which he left the long-end hang out to dry), and just like the 10Y auction before it, this one was also rather deplorable.

Pricing at a high yield of 5.216%, the auction tailed the When Issued 5.212% by 0.4bps…

… but more importantly, it priced at the highest yield since 2001 some 25 years ago.

The bid to cover was 2.392, down from 2.444 in July and below the recent average of 2.429. 

Read more here…

Bill’s latest interview (Also posted under Interviews)

3 thoughts on “

  1. My (maybe desperate ) hope is that the government will go bust before they finish building out the Palantir Lavender Kill System disguised as A.I. : As nice information apparatus defined as a benign effort to “increase productivity”.

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  2. Hi Bill, You mentioned Covid…I would highly recommend you follow Dr. Bryan Ardis at drardisshow.com. He has tons of free shows on his website and his work is amazing. He reads medical publications for fun and has tons of great info that I believe will be well worth your time. He has exposed the cause of Covid and has written a book on how to wipe out Covid and related evils.

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    • Dr. Ardis is a chiropractor. Who maintained Covid shots were synthetic snake venom. Anyone who has done the microscopy on vial contents can see what’s really in the shots. ( exotic self-assembling metals like graphene and gadolinium and lipid-nanoparticles filled with fairly common poisons). Ardis is a paid psy-op.

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