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"Bond and mortgage rates up 50 basis points after the Fed panic cuts by 50 basis points ...has this ever happened before?"
When Powell Cut Rates By An "Emergency" 50bps, Did He Expect Yields Would Be 50bps Higher A Month Later
When the Fed cut rates by ‘only-in-an-emergency’ 50bps on September 18 as it Orwell-style said the US economy was “good”, I wonder if their army of market economists had warned them that just over a month later, the 2- and 10-year US Treasury yield would both be trading around 50bps higher at 4.02% and 4.18% - and with market chatter that we could test 5% in the latter ahead?
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