Want to create an interactive transcript for this episode?
Podcast: Lykken on Lending
Episode: 04-22-2024 Rattle Rates and Do "The Twist" by Les Parker
Description: 04-22-2024 Rattle Rates and Do "The Twist" ----------------------------Come on, Jay Powell. Let's do the twist.Come on, Yellen. Let's do the twist.Data continue to confound the Fed and Treasury. Easy money and free-spending lead to the pain of persistent inflation. Now, tight money constraints growth and hastens deficits, so rates go around and around.The key resistance in the 10-year yield remains at 4.71, 4.80, and 5.01. Alternatively, the supports are 4.49, 4.33, and 4.18.Uncertainty and volatility remain elevated. The bull...