4 ms·
Its looks like the FED lost control of the long term (10-30) years interest rate. I think that the market is concerned that this is designed. Usually the Gov b
by streetcat1 4y ago
Its looks like the FED lost control of the long term (10-30) years interest rate.
I think that the market is concerned that this is designed. Usually the Gov balance the FED, but it looks like nobody care from the gov side. I.e. the gov actually encourage the wealth destruction.
- thoughtstheseus 4y agoThe Fed does not control the 10 or 30 today. They implement policy primarily through the ST money markets. They could and likely will do more under yield curve control though. See Japan.
- streetcat1 4y agoThe fed buy MBS. How do you think 30 years fixed was under 3% in 2021?