Here Comes The Fun (And The Fed Says, “It’s Alright”)
July 30, 2019 at 16:09 PM EDT
With the 10-year U.S. Treasury yield dropping from 3.2% down to the 2.0% level, and with the 10-year dropping below and staying below the Fed Funds rate, and with more and more bond yields turning negative worldwide, the Fed is playing catch up.
