June 6, 2017

IT'S A DEFLATIONARY EPOCH:

Some Inconvenient Facts for the Fed (Justin Lahart, June 6, 2017, WSJ)

The yield on the 10-year Treasury note on Tuesday slipped to its lowest in more than a half-year - an indication that bond investors have downgraded their growth and inflation expectations.

If facts mattered they'd cut rates.  But rates are about psychology.

Posted by at June 6, 2017 5:21 PM

  

« SHE'S USING, NOT BEING USED: | Main | ...AND CHEAPER...: »