“I think so. If you want to back up, go back to September…” — Bloomberg Surveillance at 13:03
“I think so. If you want to back up, go back to September of 24. That's when the Fed first started cutting rates. The 30-year yield was 4%. It was exactly 4%. Right now, it's 510. It's gone up 110 basis points while the Fed has been cutting rates. By my measures, I can't find another example of a rate-cutting cycle…”
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