Was I right?
Are we at peak rates for T-Bills?
- Thread starter David Donner
- Start date
If you profited from it. Otherwise what does it matter.
He'll trip the Matrix if he's found a way to access future events. Life will become very interesting.
No. 'Tis the season to re-invert the yield curve.
It will just go back and forth, until election time.
I find it amusing that you believe the fed has any control here. While it is true that the budget cannot support these rates, the rates are still going higher. The US Treasury needs too much money. It's over $1 trillion in new money every quarter now and will be into perpetuity. The only way they sell those bonds is at progressively higher rates. The fed can cut the overnight rate, but they will be pissing into the wind trying to manage duration.
The United States needs serious fiscal reform on entitlements. Now. Or there won't be a United States at all.
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So far, looks like I was correct.