4.8.24 Rates and the Sun Are Having a "Total Eclipse of the Heart"

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(Turn around, Bear lines)

Every now and then rates fall apart

(Turn around, Bear lines)


The US faces a sign in the shadow. Sharp rates, strong jobs, stubborn inflation, Surging Gold, Scorching Oil, and a solid Dollar collide with sagging China, stumbling Europe, and a severed shortcut in the Mideast.


Rates continue to rise with 4.52 a near-term target in the 10-year yield. The Fed said bumps are in the road, but easing is coming, and Treasury sales will be reduced to avoid transactions going dark.


Four handle’s gonna break in time.


Once upon a time, Bulls were falling in love


Now they’re only falling apart

And there's nothing RATES can do

A total eclipse of the heart

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Song: Total Eclipse of the Heart (Turn Around) (1983) Bonnie Tyler