5 April 2024
In February, the data showed that Yellen was making a big bet that long-term rates would not stay elevated for long. This was demonstrated by the volume of short-term debt issuance. The Treasury was willing to pay higher rates to keep the maturity of the debt shorter. This continues to be the case. Over the last two […]
The post Yellen Continues Betting on Interest Rate Declines first appeared on SchiffGold.