Construction workers physique the “Signature Bridge,” replacing and improving a engaged road intersection astatine I-95 and I-395 connected March 17, 2021 successful Miami, Florida.
Joe Raedle | Getty Images
Are the travails of the enslaved market, similar Macbeth expounds, a "tale told by an idiot, afloat of dependable and fury, signifying nothing?"
As we grapple with the full edifice of fixed income, the existential situation of Treasurys, the multitrillion-dollar marketplace that the communicative is based on, I person travel to wonderment what bonds truly are signifying and whether they adjacent substance to our portfolios. I cognize that's a extremist proposition, but perceive maine out.
We request to alloy ourselves to what whitethorn travel from a failed acceptable of indebtedness ceiling talks betwixt President Joe Biden and the portion of the authorities that mightiness lone nominally beryllium tally by House Speaker Kevin McCarthy. The 2 are acceptable to resume negotiations Monday, with a imaginable historical authorities default arsenic aboriginal arsenic 10 days away.