10Y Yield has just tumbled back below 2.00% (for the first time since July 5th).
This is not what The Fed's "insurance" rate-cut was supposed to do...
10Y Yield has just tumbled back below 2.00% (for the first time since July 5th)...
And the yield curve - wherever you look - is collapsing...
In other words - the bond market is screaming - "Policy Error!!"
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