Posted 2/19/2015 09:15 (#4397682 - in reply to #4397083) Subject: RE: Overlooked inflection point in the market today
68791
You are correct in the Fed controlling the short term rate but they only have moderate control at best in the setting the long term rates. Those are dictated to us by the market.
Remember the 10yr treasury was about 1.4% in April 2013 and went to around 3% by December and we're back down around 2.1% today.
Overlooked inflection point in the market today
