Share this postDOES THE MARKET REALLY BELIEVE THE FED WILL CUT OVER 5 TIMES THIS YEAR?posts.themacrotourist.comCopy linkFacebookEmailNoteOtherDOES THE MARKET REALLY BELIEVE THE FED WILL CUT OVER 5 TIMES THIS YEAR?The 'tourist explains why this stat is misleadingKevin MuirJan 08, 2024∙ Paid28Share this postDOES THE MARKET REALLY BELIEVE THE FED WILL CUT OVER 5 TIMES THIS YEAR?posts.themacrotourist.comCopy linkFacebookEmailNoteOther18ShareIt must be difficult being Jerome Powell. In October, the bond market was in free-fall. 30-year Treasury yields had spiked from 4% to 5.25%. Worries about “term premium” and “America’s ability to finance itself” dominated financial news headlines.This post is for paid subscribersSubscribeAlready a paid subscriber? Sign inPreviousNext