Posted 8/23/2024 10:56 (#10862882 - in reply to #10862851) Subject: RE: Interest rates
The Fed prints (creates) money and buys bonds from the US Treasury. The treasury spends the new money to pay for the acts/expenses of congress.
My concern now is the 2/10 yield curve will un-invert in the next few weeks causing a recession starting just after the election.