DugandRupe on Nostr: Gm nostriches, day by day the mornings are getting darker, while most likely the ...

Gm nostriches, day by day the mornings are getting darker, while most likely the result of the time of year, also a metaphor for the ever darkening financial antics of the world around us.

At least there were a few early birds around to give a bit of a lighter sound track.

Checking in on my favourite morning metrics, Japanese, US and UK 10y yields (checking before btc, but dollar value isn’t important, but also another signal), Japan just under 3, US just under 5, BUT UK screaming above 5.3% and a move from 5.1% earlier in the week. Borrowing just got 4% more expensive or with the debts they’re/we’re carrying, that is a cool additional £5.2 billion in interest expensive (if all debts were 10y, average duration actually higher, so could be a bigger increase as longer term bonds are worse)………… not wanting to come across as crass or anything but we’re fucked!