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The Effect of QE on Bond Yields
The Fed bought at the absolute bottom in rates and therefore rates could do nothing but rise, right? Well, so I think there's a lot of things that go into what determines interest rates And I think the sentiment when when the Fed starts doing QE is that it's risk positive. When people say, you know, don't fight the Fed they're usually saying don't short market Don't show the market because it's fed is gonna make you go to the moon.