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Podcast: Lykken on Lending
Episode: "Right Place, Wrong Time" In The Fed World - Macro Market Update by Les Parker
Description: 09.08.25 "Right Place, Wrong Time" In The Fed World-------------------Rates in the Right Place. But they fall back at the Wrong Time. Pipelines are in a bad place. But it could be a good time.The 10-year yield reached our minimum target of 4.11 and came within 6 bps of 4.01, the major resistance level. Taking it out sets the stage to reach our bull target of 3.80.What support is needed to reach it by the end of September? Weak US jobs, which lacks inflationary pressure, helps the Fed ease on September 17. However, the...