The Fed. Has Started Yield Curve Control.. the 10-year yield is nearly fixed from yesterday into early trading today. NO OTHER MECHANISM COULD CAUSE THIS TO HAPPEN after the off the Richter Scale volatility as of late.. GM
19 Comments
17 more comments...No posts
So how do we play YCC? Still stuck in BABA brought the dip again and again and dug a bigger hole. Not your best call.
Kevin Muir was under the impression that this was banks pricing in the massive stimulus package and it’s inflationary effect on the real economy hence they sold off bonds to counter the eventual rate hike by the fed.