This is not what The Fed’s “insurance” rate-cut was supposed to do…
10Y Yield has just tumbled back below 2.00% (for the first time since July 5th)…
And the yield curve – wherever you look – is collapsing…
In other words – the bond market is screaming – “Policy Error!!”
via ZeroHedge News https://ift.tt/2YAxszA Tyler Durden