The Fed is not so stupid that they want an inverted yield curve. That’s bad for the banks & Fed represents the banks. So if they want higher short rates, and don’t want inversion, it means they want higher long rates. Bond prices are being lowered on purpose. It’s not a bug.
— Santiago Capital (@SantiagoAuFund) Oct 16, 2022
via Twitter https://twitter.com/SantiagoAuFund
October 17, 2022 at 03:21AM
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