Bizarro World! 5Y US Treasury Yield Drops Below Effective Fed Funds Rate

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Talk about Tales Of The Bizarro World!

Liquidity moves markets!

Follow the money. Find the profits! 

The five year Treasury Note yield is now lower than the effective Fed Funds rate.

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Apparently, Fed Chair Jerome Powell is from Bizarro World!

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