Fed Rate Hike this Week – Here is the Conundrum

https://www.frbsf.org/education/publications/doctor-econ/2013/march/federal-reserve-interest-balances-reserves/ One article read this weekend – think it was from the CNBC app – noted that the surprise with this week’s FOMC announcement could be that that the Fed starts paying interest on member bank deposits ? I have … Continued

Short-term Treasury Yields Soar Pre-Fed

Rick Santelli, the heated and impassioned CNBC reporter who actually provides some good technical info from the floor of the CME, has been talking about the importance of closing yield on the 2-year Treasury of 75 bp’s or greater and … Continued