I assume its bond rates, which actually inversely reflects economic confidence in the US. This is like a person celebrating that their credit cards interest rate went up because bigger numbers are better.
That’s what I thought based on my memory of the markets, but I thought surely they wouldn’t be bragging about that? My bad for not assuming the worst from the regime.
I assume its bond rates, which actually inversely reflects economic confidence in the US. This is like a person celebrating that their credit cards interest rate went up because bigger numbers are better.
That’s what I thought based on my memory of the markets, but I thought surely they wouldn’t be bragging about that? My bad for not assuming the worst from the regime.