The FED does not control the long end of the bond curve. Only the short end. Intermediate and long-term rates actually increased after the FED lowered rates because, I would assume (but don't know), fears of long-term inflation becoming more entrenched due to easing financial conditions. The only way the FED can impact longer-term rates is by initiating quantitative easing. They're currently doing the opposite, quantitative tightening.
Statistics: Posted by Agitated_Analyst — Thu Oct 10, 2024 9:04 pm — Replies 1 — Views 41