Quote:
Originally Posted by DoubleK
What are people's thoughts on the likelihood of the Fed going negative?
I've been seeing posts on Twitter that it's starting to get priced in.
This will be very bad for the banks won't it?
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I don't really follow interest rates much but you can tell a bit from the bond market. The TLT shows sentiment in the overall bond market...when it goes up, rates are generally low or heading lower. And vice versa. March was wildly volatile. We've been heading lower since mid April indicating a raising or steady interest rate. We're at a fairly critical upward trend line now so the reaction to that line should indicate future movement.