Mr Toad’s wild interest rate ride – June 7

Not so much of a roller coaster ride but a descent faster than gravity’s pull

From early May this year to Friday … and FED cuts 3x in ’19 seem to be the crowded projection … what could happen?

Here’s another way to look at it for the graphically challenged

May 1Jun 7change
30 yr2.9202.570-0.350
10 yr2.5202.090-0.430
2 yr2.3101.850-0.460
3mo2.4302.280-0.150

Seeking Alpha’s last SA for FA podcast covered some possible risks to these changes and i found it succinct and aligned with my concerns

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