The Fed cuts rates.
Putting out the fire with Gasoline.
Is the economy slowing?
Isn’t Coronavirus a big nothing burger?
This is a country that is going insane.
I have half-way wondered if we will see slightly negative rates on short-term treasury notes at some point. not necessarily auction rates (but maybe?) but actual negative YTM in the aftermarket from folks just wanting some place safe to park assets.
how many folks remember the reserve fund? (Lehman debt victim)
Yup.
The Fed panicked.
For no reason, of course. ;-)