The Potential For Yield Plunge As Dovish Theater

By |2019-05-17T16:35:09-04:00May 17th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Two on the same day, likely not coincidence. The next stage of “dovishness” may be upon us. It won’t be rate cuts; those won’t happen until all other excuses have been exhausted first. Jay Powell’s confused gang won’t give in until kicking and screaming there’s really nothing else left. The Fed “pause” isn’t working. To [...]