Lykken on Lending

"Both Sides Now" Bonds Don't Know Moves - Macro Market Update by Les Parker


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07-14-2025 "Both Sides Now" Bonds Don't Know Moves

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Bonds looked at moves from Both Sides Now from up and down, and still somehow, it's move-illusions, Bonds recall. They really don't know moves at all.

China's deflation supports lower rates. Its PPI has been down year-over-year for 33 straight months.

During the new Trump administration, the 10-year rate has risen to 4.80%, fallen to 4.0, and is currently at 4.4. Manage rate risk by adjusting trades to reflect life changes.

Rates really don't know life at all.

These views are mine. Adjust to life at TMSpotlight.com.

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Song: Both Sides Now (1967) Joni Mitchell wrote it, and Judy Collins recorded it first.

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Lykken on LendingBy David Lykken

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