Stories >> Economics

Andy Kessler: The Fed Can’t See Its Own Shadow

Its asset purchases are squeezing nonbank lending and sinking long-term bond rates. What’s going on with the bond market, especially what the Journal has called “the relentless demand for longer-term debt securities”? Over the past few weeks 30-year bonds yielded less than 2% interest. That inverted the yield curve as short-term rates were

Click to Link

Posted: September 8, 2019 Sunday 03:12 PM