Armageddon wrote:I think they are losing control
Too bad that everything you don't understand doesn't equal insta-doom. That way you wouldn't be constantly wrong re your short term claims.
Notice how the rates are NOT spiking like they did in Sept. But of course, that doesn't look like insta-doom, so your ilk wouldn't want to mention that.

https://apps.newyorkfed.org/markets/autorates/sofr
Or do you claim that a max borrowing rate around 2% implies major panic?
Meanwhile, in the real world, from rational sources (vs. those like zerohedge), it's an issue that likely stems from the Fed removing too much in reserves on auto-pilot. And that likely reflects concerns about the large ongoing deficits, etc.
https://www.cnbc.com/2019/10/22/fed-rep ... ssues.html
But what fun is reporting issues in context when constant FUD and insta-doom "reporting" is one's agenda?