Surf Report: You down with YCC?

Issue 26: 03.21.2021 (Subscribers Edition)

INTRODUCTION

March 21, 2021

Hey everyone—I’m so glad to have you here. What a week.

Recently a fellow on the tweetbox had this to say about all the anxiety and chatter right now about bond yields:

I don't get the recent drama around bond yields.

They were always expected to go back to pre pandemic levels.

We are recovering.

It feels like people use them as …