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RE: Yields on the 10 yr going bonkers, causing turmoil in financial markets, but it's probably good news in the medium term...

in LeoFinance3 years ago

And the effects are irregular, especially when it happens to such an extreme degree. The stocks, bonds, and real estate market are where I would expect to see it hit first, and here's your post.

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Yea, it will be interesting to see how the FED responds. They can do nothing and just ignore it, they can back off their buying and let the free market dictate rates, or they can dig in and buy even more...