Loading ...If you look at the 120 line, and if you think the far right looks like a a dip and support area and will rise?
Then it means rates will start dropping. Bond prices go up, when interest rates drop. Or put another way. when rates drop, the bonds value goes up. Huh? Did I get that right? LOL.
And besides all that, the Fed is getting a LOT of milage out of the past higher rates, because of all the projected higher rates coming which are maybe already baked in. So in a sense, the Markets are already acting like the higher rates are already here. So the idiots may not have to raise them later.