Wednesday, June 11, 2025

CPI came benign ...

either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being local is lower ..  so is food and apparel too . as some stupid commentators were worried about the price of T-shirts

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.