1. The 10-year yield TNX is having one of its BIGGEST
rallies ever:
2. Look what GLD and SLV are doing:
Corporate bond issuance is down big on a year-over-year
basis at almost 17%. This visual shows how many investment
grade bonds and high-yield bonds are being issued
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is having an incredible year. It's up 93% year-to-date.
It's also trading at its highest levels since 2015