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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (19846)12/13/2023 10:19:34 AM
From: Rarebird  Read Replies (1) of 26251
 
I could see the Fed cutting rates 50 basis points to begin normalizing rates next year, but what the bond market is pricing in is not warranted given current economic conditions.

One can argue, of course, that the bond market is transcendental and looking forward to deteriorating economic conditions, but, as a transcendentalist, I don't give much credence to that view.
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