The Crazy World Of Jerome Powell: Fed’s FOMC Lowers Target Rate By 25 BPS As Repo, SOFR Rates Balloon, Dow Drops Over 150 Pts

Agency MBS, Bank of England, Bank of Japan, Banking, Bernanke, Credit, Economy, Fed, LIBOR, Mortgage, Powell, SPX, Stocks, Swaps, Trade, Treasuries, Treasury, Uncategorized, Volatility, Yellen, Yield Curve 0 Minutes

The Fed is the God of Hellfire!

The FOMC lower the Fed’s target rate by 25 basis points to 2.00%.

fedffff.png

The NY Fed’s SOFR rate ballooned to 5.25%.

sofrfed.png

The GCF Repo Index ballooned to 6%.

repofire.png

The US Treasury and Dollar Swaps curves remain … kinky.

kinky

On the news, the Dow tanked over 160 points. Is the market signaling too little for the rate cut?

indus.png

The Crazy World of … Jerome Powell.

Arthur-Brown-Original-iconic-Image-1.jpg

Published by confoundedinterest17

Published

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.