GON
$150 Site Donor 2025
Surprising chart. The last time treasuries rose after a rate cut was in 2008. I can't understand why this happened- logic says the opposite should happen.
U.S. Treasuries chart after the .50 basis point rate cut this week
- Thread starter GON
- Start date
Take advantage if you're into them, the Treasury party is coming to an end.
Election time.
When you zoom out further, you can see they had been anticipating the rate cut for a while. So the increase is probably just from the fact that the fed did exactly what was anticipated.
Yep, we’re looking too closely. Traders got to trade. Maybe it was rainy outside.
I like the 5.2 APR of a CD and it looks like they won't be available much longer if at all.
Reflation trade back on baby!
Base rate on the dots rose from 2.8 to 2.9. Most academics say its likely 3.5.
When mortgage rates start going up next week some folks will be dissapointed.
Base rate on the dots rose from 2.8 to 2.9. Most academics say its likely 3.5.
When mortgage rates start going up next week some folks will be dissapointed.
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- Oct 25, 2021
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The October CPI report for SS/Veterans compensation COLA is going to be fun. "Inflation is down!" lol
T Bonds rise as rates drop longer term. If you look at last three months. 7-10 Year T bond fund up 4%, but still lagging 10 year rate drop of 12%. I anticipate 10 year to continue to rise as rates fall, albeit at slower pace. Note though, the past 5 days, rates actually ROSE 3% while T bond fund DROPPED .75% !
Top 2 charts last 3 months
Bottom 2 last week
Absolute nonesense. The bond market is setting every rate except the ONE rate set by the FOMC.
Because a double rate cut, which has only began a fed cutting cycle twice and both into a crisis, when last Wednesday stock market less than 1% below all time highs <5% unemployment and the rate was falling at last print, all time high housing prices, increasing earnings, and "low" inflation - if you don't count housing or shrinkflation.
Powell either has reason to believe all this great economic data is a gaslight, he has a bunch of regional banks about to go under, or @shortyb 's assumption is correct. Could be all three.
There was really good macro arguments for no cut, but they did a double cut.
Getting to be like China with how GOV manipulates currencies and markets and consumer product prices to fit an image. Wow, gas is down AGAIN!! How could it not with them sneaking in the back door of the SPR to supply the market with another few billion more barrels.
I know it always happens before the election; that why I always enjoy the prices as much as I can now lol.
Gas prices almost always go down in the fall regardless of if its an election year or not. It has to do with gasoline demand being lower in the fall vs the summer.
Maybe so, but that explanation doesn't satisfy my conspiracy theorist self
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This plus it allows ABCNNBCBS to cheerlead even more.
