Get your own flipping clue. Your post has absolutely nothing to do with the quote I was commenting on. Learn to read before you spout off.
“Get your own flipping clue. Your post has absolutely nothing to do with the quote I was commenting on. Learn to read before you spout off.”
Talk about spouting off and ad hominem!
You posted:
“Thats just stupid. The Feds Discount Rate is still near an historic low. Its at the low end of what it considers its sweet spot of 2.5%-5%. The inverted yield curve is due to heavy buying of T Bills.”
I posted:
“Compare the interest rate with the Rest of the World PLZ!!!
Foreign banks, investment institutions, corporations and individuals are buying USTs because their rates are zero or negative. Its free money for them. This is whats driving the UST yields down.
Its a global economy. Having the highest interest rate and currency is scr#wing US corporations, employers, workers and investors. Get a flipping clue!”
Beyond this you lack basic economic comprehension of how interest rates and bonds work on the global market.