Fed's Rate Cut Circus Has Markets Doing Backflips
Key Points
- The bond market predicts a 22% chance of significant rate cu...
Money never sleeps, but lately it seems to be having nightmares about interest rates. The U.S. Federal Reserve's latest policy shifts have turned the financial world into quite the spectacle, with markets worldwide doing their best impression of a circus acrobat trying to maintain balance on a unicycle.
Bond Market Blues: The 22% Solution The bond market's crystal ball is showing a 22% chance of massive rate cuts totaling 200 basis points in the next year. That's right, folks - the same probability as finding a parking spot in Manhattan during rush hour. Front-end bond yields are dropping...
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