Loading ...Look at the 10 and 5 year Bonds and the 2 year note. If you suspect they look like they are sporting bottom formations? Then it means rates will go DOWN, opposite the climb.
I have a suspicion the PTB thought the economy would be slowing and they raised the rates only so they have room to DROP them as the slowing get obvious to the public.
Chart, Bonds: https://finviz.com/futures_charts.ashx?t=BONDS&p=d1