Their sphere of influence diminshes the further You go out on the yield curve. The long end will kill thr commie money printer while the CBs are following the 2y us bond rate like a stupid little ugly dog

TomK

Yea, good point.  It's all centrally planned, so there's no way for us capital markets to organize and allocate efficiently.  Never know what they're gonna do.

fiatbad

Unprecedented Reverse Repo Plunge Raises Concerns in Financial Markets

You could be right. But don't forget: central banksters are magicians. Maybe it'll happen in Q1 2032.... we're on life support since the GFC!