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User Info Ten...; entered at 2017-03-16 10:28:15
Posts: 3575
Registered: 2007-07-17 ****cago
The Fed has to tank the market in order to get the hot money to rush into 10 yr treasuries. It's the only way to fund the .gov debt binge further.
The 10 yr is getting out of the feds control, up at 3% is damaging and if it gets above 2.6% (close to where it is now), it may very well hit that 3 and keep going. Only way to stop that is to make the hot money rush into safety.

Tank the markets, get treasuries bought, decrease the interest rate, fund the debt bubble for a little while longer.
2017-03-16 10:28:15