Friday, June 2, 2023

NFP 339K

Economy going strong despite fed rates going from zero to 5,  plus the talk is about skip or pause.

It's the trillions of dollars of stimulus which is still going thru its multiplier effect.

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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.