The 10 year yield is now at 4.69%, the 30 year yield is now at 4.96%, on Tuesday before the cut, they were at 4.47% and 4.73% respectively. You are seeing massive foreign repatriation out of bonds, they don't want to be stuck holding the bag with worthless paper. Great job Ben.
I hope they go through the roof so I can earn a decent return on my money. Bernanke = Barney Fiffe. John