Episode 582: The DC Today - Tuesday, March 21, 2023

Today's Post - https://bahnsen.co/3JvZllP

I imagine it is quite likely that the bond market has seen its highs in bond yields for quite some time to come (across the whole yield curve). The 10-year sits at 3.5%, down from 4.21%, and I will be surprised if it gets back up to that level. Likewise, the short end sits at 4.5%, down from over 5%, and I don’t see it getting back there, either. If I am wrong, I am wrong, but I don’t think I am here.

China has bought $88 billion in oil, natural gas, and coal from Russia since the war began last year, up over $30 billion from the year prior and causing Russia to beat out Saudi Arabia as China’s leading supplier.

The government is evaluating how they can increase FDIC deposit insurance levels above $250,000 without getting Congressional approval.

Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com