EPISODE · Nov 19, 2023 · 18 MIN
THIS Will Show You Where Interest Rates Are Going Next
from Eurodollar University · host Jeff Snider
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matter. Interest rates have nothing to do with how much debt the government issues. It's sad, it's not right, but that's the eurodollar world we live in. Uncle Sam has issued almost $20 trillion in debt over the last dozen years, and the long bond yield has barely moved - even with the Fed spiking ST rates.Eurodollar University's Money & Macro AnalysisFOMC statement May 9, 2010https://www.federalreserve.gov/newsevents/pressreleases/monetary20100509a.htmTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7
What this episode covers
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matter. Interest rates have nothing to do with how much debt the government issues. It's sad, it's not right, but that's the eurodollar world we live in. Uncle Sam has issued almost $20 trillion in debt over the last dozen years, and the long bond yield has barely moved - even with the Fed spiking ST rates.Eurodollar University's Money & Macro AnalysisFOMC statement May 9, 2010https://www.federalreserve.gov/newsevents/pressreleases/monetary20100509a.htmTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7
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THIS Will Show You Where Interest Rates Are Going Next
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