Junk Yields Rising, Bitcoin Sniffing Out Yield Curve Control, and GameStop’s Hearings

Published on
February 18th, 2021
Duration
30 minutes

Bond Yields Scream Higher As VIX Flashes Warning Sign


Junk Yields Rising, Bitcoin Sniffing Out Yield Curve Control, and GameStop’s Hearings

Daily Briefing ·
Featuring Tyler Neville and Ed Harrison

Published on: February 18th, 2021 • Duration: 30 minutes

Real Vision managing editor Ed Harrison welcomes Tyler Neville of Blockworks back to the Daily Briefing to share his thoughts on everything from implied volatility in the credit markets to the ongoing congressional hearings on GameStop’s remarkable rise and fall. Reporting from Austin, Texas, Neville shares his experience amid the ongoing arctic frost that is depriving so many Texans of electricity, heat, and running water as well as disrupting U.S. oil production by over 40%. Neville then shares with Harrison his analysis on lumber and homebuilding stocks and explores whether this crisis will cause secular inflation. Harrison and Neville then turn their gaze to the rising yields of U.S. Treasurys, which Neville thinks could be a wrecking ball for all risk assets. However, Neville argues that the Federal Reserve will enact yield curve control, and it is this possibility which Bitcoin and crypto investors have already “sniffed out.”

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