Volatility in the bond market is market poison.The Fed has to engineer this shit down somehow.
>>62720267The FED should just let this all blow over and do nothing
>>62720310They cant. They just cannot do that. Debt refinancing is the foundation of the whole world financial system.And Trump cant go into the midterms with a market crash on top of the other bullshit.
Spoiler alert: look at the MOVE index prior to the 2023 bear market; it’s the same setup as now. Market will price in a 100 bps hiking cycle and it’ll pop the AI bubble