Math Nerds Have Taken Over the Bond Market

The 10-year T-bond just broke below the mathematical constant e — 2.719.
The 30-year is closing in on pi — 3.142.
The 5-year is now below phi — 1.618.
This alignment is unprecedented! Do you have any IDEA WHAT THIS MEANS???
Seriously, do you? Cause I sure as hell don’t.

Posted by on August 16th, 2010 at 3:58 pm


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