Loading ...I continue to maintain that rates cannot rise because of the Government debt. JMHO.
Spot on…until the Rig came about it was generaly believed that Long Term rates were set by the mkt and no-one could control them…..we are about to find out, as Long Term Rates look set to move higher, can the scum hold them back….If rates do go higher then it’s game over for the scum, they either have to raise taxes or print even more.
What the TD Manager said would be music to the Feds ears…