Suncor Energy Inc. T.SU

Feds concerned with cutting rates too soon:

[spurwing2]

https://finance.yahoo.com/news/fed-concerned-cutting-rates-too-190344367.html

[Torontojay]

I just wrote a recent post on this topic and what the bond market is telling us. Here it is again.  What is the bond market telling us? The futures Fed Funds market tells us one thing and the bond market is telling us something else.  Fed funds =~ 5.33%  The 3 month t-bill is =~ 5.384%  The 6 month t-bill is 5.331%  1 year t-bill is =~ 4.95%  Under normal

[Experienced]

Jay....Yep The other indicators that I look at are the 10 year rates and the delta between the 5..10...30 year rates.  The past few weeks the 10 year rate has actually climbed from 3.85 to 4.3.  Typically, if the market was expecting a decline in rates, we would see more buying of the 10 year TBill which would drive the interest rate down.  The opposite is going on.  This

[Torontojay]

Yup, I totally agree Experienced.  The bond market is not confident that Jay Powell can get inflation back to 2% target. It is worth noting that since the last rate hike on July 26, the 10 year treasury increased by just over 30 bps, which is suggesting inflation is not under control and we might see another rate hike!  keep in mind that gasoline prices, what we pay at the pumps, is

[Marty47]

your last line you wrote if the big swing to inflation , if you look at past up and down on inflation , when oil get over 80 $ to 85$ inflation going up too , so trust me inflation will be up this spring and summer as oil going up , the fed may not cut interest due to oil elevation , that's why we see Biden going around and let Iran avoid sanctions so oil keep down ,  what is good for