The Fed Takes a "Magical Mystery Tour" - Macro Market Update by Les Parker

08-04-2026 The Fed Takes a "Magical Mystery Tour"-------------------Fed Warsh’s mystery tour is hoping Bonds take their own way. Hoping they don’t go astray.TMSpotlight SoundBites is brought to you by PowerSeller and Adam Quinones' DataQollab.Bonds continued to show their disapproval of the Fed’s not tightening. Alternatively, the short end acknowledged the Fed’s magical mystery tour creates less hawkishness. So, the curve steepened.Expect an Iranian deal to restore the path to free-flowing oil, pushing down Oil prices and Bond yields. Regardless, the 10-yr yield remains stuck between 4.80 and 4.20.Rates GO up. These views are mine. Fed’s new mystery tour. Join TMSpotlight. You got everything you need. Satisfaction guaranteed.-------------------Song: Magical Mystery Tour (1967) The Beatles