The Fed Is Behind The Market On Rates
“Davidson” submits:
Fed well behind T-Bill rates. Fed will need 0.5% rise in Fed Funds to normalize spread to T-Bill rate which is now 0.3% above FFunds.
The Fed adjusting FFunds rate is has no economic impact because T-Bill rates have already shifted reflecting market forces.
Disclosure: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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