- This time it may be COVID-19 but it is ALWAYS SUPPLY and DEMAND
- BUT when supply dries up and demand starts to inch higher prices go up… and this time it’s a HURRICANE that’s at fault.
- So the indirects wanted the 2-year Treasuries which meant a record auction. So wanting, DEMANDING, sent the price UP (of course) and the yield down. Another record low.
Enjoy,
