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St Louis Fed Financial Stress Index Soars To Highest Level Since Covid Outbreak As Bond Volatility Soars With Fed Rate Hikes And Bank Failures As US Treasury 10Y Yield Rises 12 Basis Points (Flight To Safety)
Confounded Interest ^ | 03/27/2023 | Anthony B. Sanders

Posted on 03/27/2023 6:50:41 AM PDT by Kaiser8408a

The US economy got beaten to a pulp by the Chinese Wuhan Covid virus outbreak in early 2020. The Fed intervened with massive money printing along with massive spending by Congress and the Administration. Result? 40-year highs in inflation and a Fed counterattack in terms of rate hikes.

The result of Fed rate hikes? Failing regional banks trying to cope with duration extention and scared depositors. And then we have the St Louis Fed Financial Stress index reaching its highest level since the Covid outbreak of early 2020. And with that, bond volatility is higher than that found during the Covid crisis.

With the expectation of MORE rate hikes, the 10-year Treasury yield jumped 12 basis points.

The architect of The Fed’s “too long for too long” is also the US Treasury Secretary, Janet Yellen.

Yellen: “It wasn’t my fault!”

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: banks; biden; inflation; stress
Everyone in the Biden Administration is a bozo and zealot,n not a serious person.
1 posted on 03/27/2023 6:50:41 AM PDT by Kaiser8408a
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To: Kaiser8408a

There is nothing anyone can do other than getting out of debt and owning chickens?


2 posted on 03/27/2023 6:55:19 AM PDT by Bayard
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To: Kaiser8408a

IOW, we’re soooo screwed!...........................


3 posted on 03/27/2023 7:02:11 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Kaiser8408a
TIPS.
4 posted on 03/27/2023 7:16:05 AM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: Bayard
You can do much more.

The doomporn pushed by that website Convoluted Interest, and the hysteric Mr Sanders, is as old as the serpent and Eden. They may also be related.

They sky is always falling, The End is always right around the corner, and we're all gonna die and be turned into mulch. The end game is hopelessness, but the currency is always "but if you pay me, I'll show you how to avoid it."

Jesus WILL return some day. Until then, there will be bulls and bears. Sheep get slaughtered, and that's the objective of folks like Mr Sanders and Beelzebub.

A balanced portfolio of financial and hard assets, with ordnance as a put option, will win the day. Certainly we need to be observant of outside forces, while neither being Pollyanna or suicidal.

5 posted on 03/27/2023 7:24:03 AM PDT by DoodleBob ( Gravity’s waiting period is about 9.8 m/s²)
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To: Kaiser8408a

Yellen = Useful idiot.


6 posted on 03/27/2023 9:37:22 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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