So, doesnt this all mean that the Fed will keep the Fed Funds rate extremely low, while rates in other fixed income instruments will do what they are doing now (selling off, yields increasing).
Banks will be the main beneficiary here milking the public off a wide spread, no?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.