Friday, March 7, 2025

love when people in administration talk sense ..

comments from Treas. Sec. Bessent were solid that market was hooked on govt spending which requires detoxing as we saw this morning as NFP of 155K was from pvt. sector only while the growth in govt. jobs would be null. ..! 

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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...