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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 702848"><p>Interesting. The Fed has decreased interest rates from 1.5% to 0% over the last 10 days. Yet the 10 year bond interest rate (which should track that) has doubled.</p><p><a href="https://finance.yahoo.com/quote/%5ETNX?p=^TNX" target="_blank">https://finance.yahoo.com/quote/^TNX?p=^TNX</a></p><p></p><p>Everybody is selling bonds...I'm assuming its a rush to cash, as businesses, governments, and people need cash to spend. As my son would say, Not Gooch. That's a pretty bad result, when the Fed wants interest rates to go to 0 but they double.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 702848"] Interesting. The Fed has decreased interest rates from 1.5% to 0% over the last 10 days. Yet the 10 year bond interest rate (which should track that) has doubled. [URL='https://finance.yahoo.com/quote/%5ETNX?p=^TNX']https://finance.yahoo.com/quote/^TNX?p=^TNX[/URL] Everybody is selling bonds...I'm assuming its a rush to cash, as businesses, governments, and people need cash to spend. As my son would say, Not Gooch. That's a pretty bad result, when the Fed wants interest rates to go to 0 but they double. [/QUOTE]
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