$69 Billion Bond Auction – Why Yields are Up Since the Fed Cut Rates (A Warning)
Long term bond yields rose after the Fed cut. This is the bond market signaling to the Fed that the interest rate cut was not needed and that they have less confidence that the U.S. will remain solvent in the long term. We should watch and see if this signal maintains over the weeks to come.
https://www.youtube.com/watch?v=Yr6pBTKg1VY