30-Year Treasuries Plunge -- Don't Say You Weren't Warned

Hilariously, now everyone is an inflationista again, and as such the government had a horrible 30-year Treasury auction. Below is a chart of 30-year Treasury futures absolutely falling off the ledge.

But of course, we pointed out earlier that something was amiss in long-bond world, with yields starting to break trend..

chart

Anyway, here’s the Treasury dump. Cover your eyes!

chjart

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