What ever, I'm short ZN and I do belive in market manipulation, I just make it work in my favor. I do belive the fed and government manipulate the markets and the media to control their agenda, I just play along and make a ton of money, I can think like a crook to.
Hey whats going on why are yields rising when the fed lowerd rates, don't tell me consumers are going to pay higher rates and banks get the low discount fed funds rate. Well thats not fair hahahahaha.
Low interest rate raises bond price, but higher inflation pushes bond price down. With the two factors countering each other, myminitrading, how could you predict the direction?
As bonds are bought mostly by foreign banks and they see Fed has no intention to prevent dollar slide and tries to cut their profits in bonds why wuld I buy US bond for 4% anually if $ lost 10% this year already They will stop buying bonds Although Fed can print money and use them to purchase bonds. So yields will go down. And they can say - look yields are down - no inlation so we can cut