As more weak data pours in on the US economy, the more clarity it offers on the future path of ST interest rates. As that clears up, market rates are moving lower. But why? Mainstream theory demands we consider rates as entirely supply or demand factors (like QE). Yet, the past couple years have thoroughly disproven the idea. Rates are going lower because that's where and what the fundamentals are.

Eurodollar University's Money & Macro Analysis

Bloomberg Majority of Middle-Class Americans Say They Struggle Financially
https://www.bloomberg.com/news/articles/2024-06-04/two-thirds-of-middle-class-americans-face-hardship-in-poll?srnd=economics-v2

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

This is a REALLY Bad Sign For the Economy