Holy crap check the Treasury yield curve today

[Recursion]

https://www.bloomberg.com/markets/rates-bonds/government-bonds/us

Every single bond duration is negative now. I don't think that has ever happened. It's gonna be a bloodbath in the stock market today.

[chillfactor]

1. agreed....

I can't wait until the stock market opens.......the orange turd will shit in his diaper!

[wishstar]

2. On Friday Sue Herera on CNBC said she has heard talk of depression, not just recession ahead

she was addressing the bond yields, not just stocks crashing. I was shocked to hear one of their top people say depression as that was opposite of many of their other talking heads over the past 3 weeks who were cheerleading and trying to promote buying or holding.

[gab13by13]

15. Wait until they start talking about that other "D" word, deflation.

[MoonlitKnight]

3. Europe is crashing

Some stocks aren’t even trading because nobody is buying.

[MoonlitKnight]

4. Shell finally has a trade

Down 22%.

[duforsure]

5. Recession is now happening

While trump and GOP policies will take us down even more, possibly into a depression, and after trump and the GOP did many of the same things that happened before the one hit in the 20's, given the wealthy breaks. trumps horrible response to the corona virus will come back to haunt him badly, no matter how he tries to spin it and lie about it, he failed. We get putins propaganda on the virus from trump and the GOP , not the truth,and trump again with the GOP repeating putins propaganda, like they did on the Ukraine issue. The Prince and Putin are against each other now with trump in the middle compromised by both of them. This will be interesting who's side trump takes now.

[AlexSFCA]

6. all of it is related to coronavirus including oil debacle

needs to be contextualized. This isn’t a great recession where fundamentals of the economy were crumbling. I think we are two months away from easing of the outbreak (warmer months) and I think the stocks will start to climb back to previous levels till the end of the year. It appears China is restoring manufacturing which means supply should stabilize by summer. Right now is unprecedented circumstance of low supply and low demand with oil crashing. No predictions can be made of course as we have never been here before.

[MoonlitKnight]

8. Actually

A lot of the recent economic “boom” was from oil shale. West Texas, North Dakota, Canada...
This will hit that sector hard and have a huge ripple effect. We already had signs of recession prior to coved-19.

There are credit derivatives in the oil market that make the 2008 mortgage market look like child’s play.

[Recursion]

22. The whole Permian basin is in for a rough spring

I'm now wondering what this is going to do to natural gas. And electric cars.

[yonder]

9. Thanks for the bit of hope. Seriously, thanks.

[uponit7771]

17. China is not restoring functional manufacturing

[SunSeeker]

7. People are not going to like what has happened to their 401k.

On of Trump's favor crowd-rousers is asking people how their 401k is doing.

Bet he's not asking that anymore!

[roamer65]

10. Thank god I'm in treasuries and other federal govt backed paper.

[A HERETIC I AM]

13. Depending on their coupons and when you bought them.....

You could possibly make out like a bandit if you sold right now.

That is for course if you were being serious.

[roamer65]

14. I should say treasury bond fund.

Right now it is wealth preservation.

[A HERETIC I AM]

18. The fund share price should be marked a bit higher tonight then.

A $1000 face value, 30 year treasury is selling for almost $1300.

Your fund will likely hold bonds like that and others and their price increase will push the funds value upward.

[2naSalit]

11. Brace for impact.

Fasten seatbelts.

[lindysalsagal]

12. I own no stocks and even got my house sold just in time.

I knew this was coming. It was only going to take one big set-back for the u.s. to ruin the rest of the world by electing a lower life form for potus.

The world needs to have confidence in us, and it doesn't, because we did this to ourselves.

[AlexSFCA]

23. putin is a fool, he'll suffer even more economically

[uponit7771]

16. Not even in 2007?! tia

[Recursion]

20. The lowest the 30 year got in 2008 was 2.8% It's under 1% now

This is new territory

[uponit7771]

21. Damn

[GoneOffShore]

19. Just remember the big friendly letters on the front of the guide!

Don't Panic!

[Maeve]

25. Would it save you a lot of time if I just gave up and went mad now?

“So this is it," said Arthur, "We are going to die."
"Yes," said Ford, "except... no! Wait a minute!" He suddenly lunged across the chamber at something behind Arthur's line of vision. "What's this switch?" he cried.
"What? Where?" cried Arthur, twisting round.
"No, I was only fooling," said Ford, "we are going to die after all.”

[GoneOffShore]

29. Just remember that just 30 seconds later they were rescued

[Maeve]

30. Know anyone with an improbability drive?

I can make a really strong and hot cup of tea...

[Mr. Ected]

24. For a President that gauges his success by the performance of the markets

This will be a tough hook to wiggle off of....except that FOX will help him change the narrative and blame Obama/Biden/HRC for the nosedive, and the psychophants will simply change their rhetoric accordingly.

[MFM008]

26. No wonder maggot is tweeting

Crazy shit.
Trying desperately to make some news.

[empedocles]

27. T-bills may go negative before long. Hard for people to understand, but its

happened before

[empedocles]

28. That is a negative net return - where $1000 into t -bills may get back , say $990.