“Treasuries Surge as Traders Bet on Emergency Fed Rate Cut”
August 8, 2024
“Bond traders are piling into bets that the US economy is on the verge of deteriorating so quickly that the Federal Reserve will need to start easing monetary policy aggressively — potentially before their next scheduled meeting — to head off a recession…
Bond traders have repeatedly misjudged where interest rates have been headed since the end of the pandemic, however, at times overshooting in both directions and caught off guard when the economy bucked recession calls or inflation defied expectations…”
https://finance.yahoo.com/news/bond-traders-bet-big-fed-190000721.html
Here’s a question for you. How come I knew and they didn’t? I said Almost a year ago, maybe more now I forget, there would be no interest rate hike.
Historically speaking when government are forced to pay back their debt they always choose inflation. This is a historical fact. Any rate cut the Fed decides to take will be for the election only. The Fed has already told everyone what their goal is. It’s to make YOU, the average citizen lose their job. That’s how they plan to solve inflation.