The first time in history when 100bps of rate cuts raised 10Y yields by 100bps

It's almost as if people who lend money to the federal government want a rate of return...

The first time in history when 100bps of rate cuts raised 10Y yields by 100bps pic.twitter.com/wYb2wtBxs4

— zerohedge (@zerohedge) December 26, 2024