from King World News
Inflation is going to massively impact the world in 2016!
Peter Boockvar: Following the poor 2 year note auction yesterday, the 5 year auction was just mediocre. The yield was above the when issued and the bid to cover was below the 12 month average. The upside was in the level of direct and indirect bidders which took about 70% of the auction vs the one year average of 66%…
[…] Peter Boockvar continues: Bottom line, US Treasury yields have been on the rise and it’s not because the economic data has improved.