@PraxisOfEvil @smokescreen basically blormpfh is running the money printers faster driving interest rates on US debt down because there's better things to do with your money than get some lousy 3.5% on it (losing money vs inflation). this means the economy is healthy according to the WH
@PraxisOfEvil @smokescreen basically just think of t notes as safe debt
People sock money there rather than lose it in the market and interest is determined by demand and looking to hit target rates
People sock money there rather than lose it in the market and interest is determined by demand and looking to hit target rates
@poastoak @PraxisOfEvil @smokescreen yeah I was buying em month to month back in the 4.8% days because every other market segment was DEAD
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@BowsacNoodle @PraxisOfEvil @smokescreen yeah this sign would classically mean the economy is growing and that we're seeing good velocity of money but I think it more likely that this is the result of money being fake and all the books being cooked (true for a long time at this point)