ChumpChange
ChumpChange
Joined: Jun 15, 2018
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June 16th, 2022 at 11:06:58 AM permalink
The 10 Year U.S. Treasury just broke 3.2% this week, and it seems it was last at that level in Oct-Nov. 2018 at the peaks. Highest ever (since 1980) was 15.8% in July 1981.

CNBC: U.S. Treasury yields pulled back Wednesday after the Federal Reserve delivered on an expected rate hike at the conclusion of their two-day policy meeting.

The yield on the benchmark 10-year Treasury note dropped by 18 basis points to 3.301% — a day after touching an 11-year high above 3.49%. The 2-year rate — which is more sensitive to changes in Fed policy — dropped more than 22 basis points to 3.216%.

The Federal Open Market Committee raised interest rates by 75 basis points, or its largest hike since 1994, in an aggressive bid to rein in inflation. The U.S. consumer price index rose by an annual 8.6% in May, its highest year-on-year increase since 1981.

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Bill Gates says crypto and NFTs are ’100% based on greater fool theory’
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The Dow Jones is suffering another 800 point down day and just fell through 30,000.
Last edited by: ChumpChange on Jun 16, 2022
lilredrooster
lilredrooster 
Joined: May 8, 2015
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June 16th, 2022 at 12:57:36 PM permalink
Quote: Ace2

Quote: lilredrooster




the Feds raised the interest rate 3 basis points or .75%

?????
link to original post




that was a mistake - it was 75 basis points - but the .75% was correct - my bad

.
Last edited by: lilredrooster on Jun 16, 2022
"𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘩𝘢𝘭𝘧 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘴𝘦𝘦 𝘢𝘯𝘥 𝘯𝘰𝘯𝘦 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘩𝘦𝘢𝘳"______Edgar Allan Poe
lilredrooster
lilredrooster 
Joined: May 8, 2015
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June 16th, 2022 at 1:17:48 PM permalink
Quote: ChumpChange



The Dow Jones is suffering another 800 point down day and just fell through 30,000.


you post about a big down day which will obviously happen fairly often in a bear market

are you going to post the stats on a big up day_____________?????

very, very doubtful



you're cheering the negativity - to try and prove that you're right - if you want to brag about being right - in an earlier post you said that society will collapse - you need to give things time to play out

when I'm homeless I'm going to post about how right you were - I'll use the computers at the libraries if they haven't also closed

then you will have shown everybody the true value of your great predictive abilities

.
"𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘩𝘢𝘭𝘧 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘴𝘦𝘦 𝘢𝘯𝘥 𝘯𝘰𝘯𝘦 𝘰𝘧 𝘸𝘩𝘢𝘵 𝘺𝘰𝘶 𝘩𝘦𝘢𝘳"______Edgar Allan Poe
ChumpChange
ChumpChange
Joined: Jun 15, 2018
  • Threads: 71
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June 16th, 2022 at 1:30:20 PM permalink
I watch at least 10 new YouTube videos a day with boundless doom & gloom by super excited researchers.
If they lose over a million dollars each, it probably won't affect them.

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