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> It is clear that the driver to higher rates are endless and large deficits in the dollar, which going to lead to printing more dollars That only happens for
by NTDF9 8y ago
> It is clear that the driver to higher rates are endless and large deficits in the dollar, which going to lead to printing more dollars
That only happens for the 2 yr fed fund rate. When the FED sees a sudden spike up or down in 2-yr rate, they buy the 2 yr bonds by printing to stabilize.
But, if they do that for 10 yr rate, US will become like Japan with money fleeing the country because of expected inflation.