Wednesday, September 21, 2022

FOMC - feds raised rates by 0.75%

pre-FOMC

  2 years touches 4% ; from a 0.25% an year ago ..!

 10 year at 3.6%, up form 1.3% an year ago ..!

 30 years go from 1.8% to 3.6% - doubled ..!

  so 2/10 is inverted; so is 2/30

 labor market showing signs of weakness across industries

  stocks on +ve note expecting 0.75% increase

post - FOMC

 2% drop followed by recovery by the time JP started speaking, as he made firm commitment to raise rates until inflation drops to 2%; & then gave up more post conference

LT go slight down while ST going up means solid inversion ... hence we are gong lower ..!


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