10 year bond now trading over 4%. So where are all the “experts” that predicted 4 rate cuts beginning in March? LOL!
> So where are all the “experts” that predicted 4 rate cuts beginning in March? LOL!
This data release puts the kibosh on that. Guess I’m going to continue doing the t-bill and chill.
I’m guessing that the Fed will cut rates going into the election. The rate cuts will be done to help Biden (or some other Democrat) win the presidency.