Posted on 07/10/2023 12:19:08 PM PDT by Kaiser8408a
The Federal Reserve is printin’ the night away!
Yes, as The Fed printin’ the night away, the US Treasury yield curve (10Y-2Y) is still inverted, but at -86.616 basis points.
The 2 year US Treasury yield is down -8.2 BPS, the largest decline in the world … after Greece!
Greece? The fiscal wreck on the Aegean! Opa!!
(Excerpt) Read more at confoundedinterest.net ...
Killing us by a thousand cuts 24/7 while safely behind the media protection fortress.
Whenever it is said the the Treasury Dept. is “printing” more money or something similar, it’s a partial misnomer. The majority of the money in circulation is in electronic form, represented by bank deposits and digital transactions. The amount of physical money that is printed is small compared to the money in digital form.
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