The Interest Rate Universe Now Options Forwards Everything

Jeff Snyder: How do you think the bond market will interpret tomorrow's FOMC meeting? I don't know. What we're going to find out in the next week is, does that path continue? If Joseph is right, and the Fed actually is going to go and effectively sell, which is they hit the bid or they just stopped selling,. as opposed to just being flat and as instead of just not buying. We both seem to think that rates are going to go higher, but Jeff Snyder has charts and graphs that will show you what happens if it doesn't happen.