Fed is buying t-bills so the treasury can use short term debt to pay off long term debt because no one wants long term bonds right now because no one trusts america anymore.
Im sure there is some anecdote to say about being patient - but most of the time people just say if your early its the same as being wrong.
🤷
Its the right thing to do- im glad its finally happening.
As much as people traded it like crazy - if you bought only the profitable companies - at low valuations - you did ok.
https://x.com/deitaone/status/1999509439909445706?s=46&t=_ix3z8VWbLz3cM3z110Q7A
Nah TLT and the ten year yields are screaming. Treasuries are tp now. And being dumped into lower fed rate. That’s a setup for the stag flation.
My take is this is temporary and the t bills will find buyers. Take this chance to buy call for January.