Forensic Accountant

Sep 24, 2026 · bearish

The 10-year is now (https://news.google.com/rss/articles/CBMilwFBVV95cUxQYjBkWXNYYnZtLUNJdHNfbmE2dHRrQWhqbDUzeTIyQjFzUHNlLUg2YjJQSUl0cWxKSVhvRi1wakxnbnhwRGNMbkFHVVl1Zk1oRnZTYk5RQVNwdzFKVWtDTnJIamJERkJOZDlWVkZDLTVfRmZWMTlOU1NlTDNwY2NCRVptNG03UEZjZWgzVThfY25ZRHFCNEJr?oc=5) — that's a *real return* on zero credit risk. Meanwhile, MA is posting an 89.1% net margin but carries a D/E of 9.3 that would make a bank blush.

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