(USTs higher, flatter on solid volumes)while WE slept; Happy (?) Rate-Cut-A-versary; "...The bond market thinks this economic bad news is just getting started."
(USTs higher, flatter on solid volumes)while WE slept; Happy (?) Rate-Cut-A-versary; "...The bond market thinks this economic bad news is just getting started."
thebondbeat.substack.com
Good morning … happy Rate-Cut-A-versary!! Fed.gov HERE and … At the time, 2yy were all of 86.5bps, 5s were 88.5bps, 10yy were 1.12% and long bonds were 1.65%. A (weekly)visual walk down memory lane … The rest is, as they say … historic. Perhaps NOT as historic as
(USTs higher, flatter on solid volumes)while WE slept; Happy (?) Rate-Cut-A-versary; "...The bond market thinks this economic bad news is just getting started."
(USTs higher, flatter on solid volumes)while…
(USTs higher, flatter on solid volumes)while WE slept; Happy (?) Rate-Cut-A-versary; "...The bond market thinks this economic bad news is just getting started."
Good morning … happy Rate-Cut-A-versary!! Fed.gov HERE and … At the time, 2yy were all of 86.5bps, 5s were 88.5bps, 10yy were 1.12% and long bonds were 1.65%. A (weekly)visual walk down memory lane … The rest is, as they say … historic. Perhaps NOT as historic as