Friday, July 31, 2020

why are tennies at .5 ?

post FOMC & GDP this week ... the question is,

are the rates down because economy is in trouble ..? or

we blame fed for keeping the rates artificially low, so tennies have a ceiling ..?

gold touched $2000.
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fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...