Starting a new thread, since the Inflation thread went all over the place.
The 10 yr US Treasury has now fallen over 0.50% in yield, in just 3 weeks. Which is in stark contrast to the narratives coming out of the Fed, where they are still talking about more large short-term interest rate hikes in the coming months. The market has now started to dislocate from the Fed on their view of the long-term health of the economy. It's amazing how fast popular sentiment is shifting.
Q3 GDP numbers now that consumers are feeling pessimistic could REALLY get pretty ugly.
The 10 yr US Treasury has now fallen over 0.50% in yield, in just 3 weeks. Which is in stark contrast to the narratives coming out of the Fed, where they are still talking about more large short-term interest rate hikes in the coming months. The market has now started to dislocate from the Fed on their view of the long-term health of the economy. It's amazing how fast popular sentiment is shifting.
Q3 GDP numbers now that consumers are feeling pessimistic could REALLY get pretty ugly.
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