The Fed announced the minutes of their last meeting which revealed a major shortening in the time the Fed will allow interest rates to move up- including raising the key Fed Funds rate that they directly control. This caused today’s selling panic in the bond market.How much will interest rates move up? Here is an historical chart that causes at least one occasional speculator to breathe heavily!
the Fed starts the Interest Rate Surge
the Fed starts the Interest Rate Surge
the Fed starts the Interest Rate Surge
The Fed announced the minutes of their last meeting which revealed a major shortening in the time the Fed will allow interest rates to move up- including raising the key Fed Funds rate that they directly control. This caused today’s selling panic in the bond market.How much will interest rates move up? Here is an historical chart that causes at least one occasional speculator to breathe heavily!