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88 sats \ 8 replies \ @siggy47 28 Dec 2024 \ parent \ on: Is the Treasury Market ok? econ
That's true, but does that mean much, considering how the US fed basically calls the shots worldwide? Isn't it a little concerning that the joystick isn't controlling the plane?
Isn't it a little concerning that the joystick isn't controlling the plane?
An apt description of Joe Biden and the last 4 years
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Nothing another Fed acronym program can’t fix right, right?
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Do you have one cooked up for them?
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Ha! I don’t have enough degrees from elite universities to be charged with such an important task.
I will stick to mocking the Fed’s acronym programs by naming betting strategies in their style.
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Maybe. I feel like the whole time I've been following this stuff, people have been wrongly freaking out about the debt and the flight to safety aspect has always prevailed.
Maybe this time is different. We'll see. I'd be more concerned if the rest of the world were stable and the Treasury market was weird.
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Doesn’t seem to be much demand for long term paper. Everyone wants those juicy short term treasuries. Not sure where we go from here. Fed wants to slow rate cuts because it is worried about inflation roaring back but the Treasury has issued a shit ton of short term treasuries the past couple years that will need to be rolled over. Something has to give.
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Each new paradigm seems less sustainable than the last. We know how this story ends, but we have no idea how many more chapters the hack author is going to jam in.
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Agreed
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