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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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.