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Reply to "When will rates come down again?"
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[quote=Anonymous][quote=Anonymous]It doesn’t matter if trump or his roadie lowers the fed funds rate to zero: mortgage rates are determined by the 10 year treasury rate, which is determined by supply/demand in the treasury auction market. If investors are at all spooked by increasing debt levels or potential inflation, they will demand a higher rate in those auctions, toadies be damned. [/quote] Fed will QE again like they've done 5 times before Biden era printed more money than ever and historic inflation. ... Fed bought 1 percent bonds. Trump has restored order. [/quote]
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