The U.S. two-year Treasury note yield US2YT=RR dropped below 2.4 percent on Thursday afternoon, reaching parity with the federal funds effective rate for the first time since 2008.
The fed funds effective rate, which was 2.4 percent on Thursday, moves within the Federal Reserve’s key policy range of 2.25 to 2.5 percent. The market move suggests investors believe the U.S. central bank will not be able to continue to tighten monetary policy as its forecast suggests, after having lifted benchmark interest rates four times in 2018.
“This is a big deal,” said Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets.
“The market is effectively saying that at some point in the next 24 months, the Fed is going to have to not only stop hiking, but actively start easing.”
In late afternoon trade, the three- US3YT=RR and five-year US5YT=RR note yields had also dropped below 2.4 percent.
So anytime in the next two years something could or could not happen? preddy open ended and vague
Jeremiah Mitchell
When someone tells me "It's happening" that seems to almost always mean it isn't.
Jackson Jenkins
ominous, there's isn't shit for support on all the major us indexes (could easily fall all the way back to where they were in 2016), faster they rise, faster they fall; easily recession material; 2019 will be a year of constant turmoil and increasing nervousness, economically, politically, culturally; in 2020 all hell breaks loose; our 4th turning is coming
Christian Fisher
And… Nothing is happening. As expected.
Elijah Hughes
I know right? Better safe than sorry though, might as well use it as motivation to get into a financially stable spot in life.
Maybe as a start to something bigger but the jews in power won't let it all collapse any time soon because we would win in the chaos. White Genocide can only happen for the jews through a slow burn of keeping Whitey happy and unquestioning for a few more years.
Justin Flores
...
Elijah Ward
nothing is happening
James Ward
When major indexes a significant trend-line (red line in pic related) on panicky volume (red oval) and then weakly rally on the way to testing the underside of the trend line, on lowering volume (this test will fail with the downtrend resuming on even higher volume), the jig is up for the intermediate-term. Never mind today's numbers, the markets are looking 6-9 months out. Same thing happened in 2008. That this weakness in the stock market is confirmed by the bond market per OP (which also happened in 2008) makes it even more significant. If what happened in 2008 is not a happening, I don't know what is.
You'll see it. Watch it rally into the 24K area, then fail as those who sat through the initial break breathe a sigh of relief and start dumping en masse.
Ayden Thompson
Fuck off reddit.
Kevin Murphy
same we're overdue for a bear market i'm self employed so i don't really care and i have an in demand degree to go back to work for at least $24/hr if i really want to if things get really bad got my ar and building another got thousands of rounds got food got water bring it niggers
Carter Foster
Checked. The big difference here is that we're seeing multinational corporations getting hurt because the global economy is slowing down. The US portion of those companies is doing fine, they're losing money abroad.
Brayden Reed
They will tighten, they have no choice, I own them.
Sebastian Cox
Bump just because
Ayden Barnes
Bump for habbening
Brandon Martin
Happening has been postponed…
(((central banks))) started pumping stock markets again
