Surprise! Big Drop in 10-Year Treasury Yield

This post is by Barry Ritholtz from The Big Picture

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Source: WSJ   From the really, really bad calls file: Last week, I showed this great chart by Torsten Sløk of Deutsche Bank. It revealed  just how bad markets are at forecasting future Federal Reserve actions. As the chart shows, the markets are almost always wrong about future Fed action. This is not an outlier;…

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The post Surprise! Big Drop in 10-Year Treasury Yield appeared first on The Big Picture.

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