Thread: Fed cuts rates by .50 today
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Old 01-30-2008, 03:01 PM  
UniversalPassLorence
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Join Date: Dec 2004
Location: Califonia
Posts: 3,721
Quote:
Originally Posted by teomaxxx View Post
he can cut as he want, but bond market says him "fuck you". they will have a hard time of defending 3.00 target.

http://finance.yahoo.com/q/bc?s=%5ETNX&t=5d
If you have any money in the bank and getting intrest, the fed wants you to take it out, spent it and borrow more
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