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Today I posted my two-hundred-and-thirty-sixth YouTube video: 6% Is Coming

This week’s Trend of the Week is: 6% is Coming. This song lyric keeps playing in my head: “They laughed at Christopher Columbus when he said the world was round.” I’ve maintained that peak interest rates from the Fed will be 6% and I’ve gotten blowback from people saying, “No way! We’ll barely get to 5%.” I’m sticking with 6% and I also think we’ll get more rate increases than the market was expecting. Keeping this in mind, I’m looking at the best time to buy Treasuries and setting some parameters. The yield on the 10-year treasury on February 7 was 3.63%. I won’t wait until 6% from the Fed, but I will wait until the yield reaches 4.25% for the 10-year Treasury. I’m looking for that yield sometime in late 2023. Buy at Treasuries at that 4.25% for the 10-year Treasury and watch that 6% peak rate from the Fed. The world is round.

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