I'm on page 3 of this newsletter and three times you write "the price went up " when it reads that the yield went up, which of course would mean the price went down. One example is the heading on the graphic at the top of page 3. Is there something in the mechanics of gilts that I don't understand?
I'm on page 3 of this newsletter and three times you write "the price went up " when it reads that the yield went up, which of course would mean the price went down. One example is the heading on the graphic at the top of page 3. Is there something in the mechanics of gilts that I don't understand?
Your Debasement Pressure Index explains so much. Great work!
Thank you Mike, I am so glad it helps!