TSX:AX.PR.E - Post by User
Comment by
Torontojayon Jan 02, 2025 8:56am
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Post# 36384020
RE:Us yields
RE:Us yields
nice video. This echoes some of my previous posts where I criticized the strategy and deceptive tactics employed by Janet Yellen on using t-bills to finance the government. The Fed is lowering rates so that Janet Yellen can continue to borrow from the front end of the curve where the yield curve is beginning to normalize. Unfortunately for her, the reverse repo facility is pretty much drained and $2.2 trillion has been wiped out. There is about $ 764 billion in the Tga accounts which would last about 3-4 months if they stopped borrowing today.
My prediction for 2025:
Inflation will not return to 2% unless the US enters a recession.