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The Fed is Being Punished (EP.261)
Animal Spirits Podcast
The Two Year Treasury Moved 50 Bases Points
From friday to monday, the two year treasury moved 50 bases points. The only other times in the data s that i was looking at that's happened was during the great financial crisis and during the extreme inflation of the early 19 eighties. So maybe like the crypto stuff, which worked it into later, is all like, ya, side show, compared to what actually matters, not just to markets, but to main street - interest rates.
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