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.....
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.....