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n. Illinois | The new Fed Chairmen has to thread the camel through the eye of a needle. He is under tremendous pressure to lower rates, He can force short term rates down with the discount rate that the Fed sets. But he can only impact long term rates via printing more Faux money and becoming the dominate buyer of T-bills again. That however adds fuel to the inflation fire Trump lite with the Iran action. Glad I am not him. I am confident in only one thing. The Fed will muck it up like they have always done. | |
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Bond prices esp. 10 year bond/yield