Crazy US Treasuries and A US Dollar Forecast

Last week, here in “Portfolio Watch,” I discussed some of the movement away from the US Dollar globally.           This week, something else very interesting occurred.  There is now a HUGE disparity between the yield on a 1-month US Treasury bill and a 2-month US Treasury bill.  This from Wolf Richter (Source: https://wolfstreet.com/2023/04/20/short-end-of-the-treasury-market-goes-totally-nuts-doubts-creep-in-over-debt-ceiling/): Today was…

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