Did JPow just break the market?

Quick midweek fed thoughts

There are basically three scenarios on what will come next when it comes to forecasting what the fed will do, but more importantly how we can use that data to help make us some money.

As I screamed about back in August/September the fed’s real mistake wasn’t today, but it was back then when they cut 50 bps. That set rate expectations down, the 10y+ coll…