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Another 25bp Rate Cut! What's next for the market?
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EX-FED'S DUDLEY SEES CASE FOR 50BPS FED CUT IN SEPTEMBER. DU...

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  • Daring Lu : 50bp rate cut could spur 'dramatic' yield curve bull steepening, hurt stocks: economist" data-render="ssr

    Fed needs to let the bond increase in attractiveness to unload them to invstor.
    Who wants their bond ?
    Depreciating Currency, horrible debt of 35 trillion dollar. Interest along is 1 trillion a year.
    End of Sep, they will have a meeting whether to increase the budget. Or else they face the risk of defaulting.....