Biotech Values

[DewDiligence]

…doesn’t 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).

At the short-duration end of the interest-rate spectrum, the Federal Funds rate essentially determines the rate of all low-risk securities; it’s only at the long end—and in the middle of the duration spectrum—where investors and speculators can cause interest rates to decouple from what the Fed is doing.