Fear The Talking Fed! 10Y Treasury Yield Subsides As Fed Presidents Speak While Hamas Terrorizes Israel (Fed Halting Rate Increases OR Flight To Safety?)

Confounded Interest ^ | 10/10/2023 | Anthony B. Sanders

[Kaiser8408a]

Like President Biden enjoying a barbeque at The White House with a live band (probably NOT Justin Moore singing “Small Town USA”) while Hamas declared war on Israel and Americans are being held hostage with the promise of public executions of hostages livestreamed. Nothing that “Empathy Joe” does ever surprises me anymore, but I am surprise that various Federal Reserve Presidents will speak today while Hamas terrorizes Israeli and US citizens.

It could be that investors think that Talking Heads at The Fed will claim that Fed rate increases are over. Then again, the Iran/Hamas terror campaign against Israel is spookking markets, driving up oil and gold prices and driving up “flight to safety” in US Treasuries.

President Biden called on Americans in Israel to book a commercial flight home, even though Israel has cancelled all flights. Does Old Joe even read the news??

Fear The Talking Fed!

[Paladin2]

Interesting topic, not much there there in the “story”.

[whitney69]

Art of misdirection. Saying the middle east war is effecting bond yields is trying to cover up the real truth about the feds financial mistakes.

The U.S Treasury sells bonds via auction and yields are set through a bidding process. Prices for the bonds drop when confidence is high, which causes yields to rise. This is because investors feel they can find higher-returning investments elsewhere and do not feel they need to play it safe.

When confidence is low, bond prices rise and yields fall, as there is more demand for this safe investment. Put simply, falling yields indicate caution in the markets. Just another red flag to the US economy being shanghaied by the feds.

wy69