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Jay Blue's avatar

Again, they're not mandates because they're not from a court. "Mandates" is the word being used by public serpents to deceive us.

https://peggyhall.substack.com/p/this-really-rubs-me-the-wrong-way?publication_id=1094625&post_id=153240905&isFreemail=true&r=73egf&triedRedirect=true

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Vike's avatar

What the hell is going on? What is the Fed doing? Read this from Dr Robert McHugh;

Long term interest rates rose Wednesday, as the U.S. Treasury Bond price declined sharply, down 1.40. The 10 Year Treasury got clipped, down 0.90, its yield rising to 4.50%. This is bad news for long-term fixed Mortgage rates and hopeful home buyers, as the 30-year Mortgage rate is tied to the rising 10 year U.S. Treasury yield. If the Fed wanted to do something constructive, they would pause their selling of long-term securities from their overblown asset holdings, which is putting upward pressure on mortgage rates. But they did not indicate they will be doing that. In the post rate cut comments, Fed Chairman Powell said, "We also decided to continue to reduce our securities holdings." They have shed $2.0 trillion of long-term securities over the past two years, much being direct sales into the market, pushing long term interest rates higher.

Does this sound like the Fed is buying it all?

When one lives in times where it is ALL a lie the father of those lies is close to entering the scene!

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