Want to create an interactive transcript for this episode?
Podcast: Lykken on Lending
Episode: Is The Fed An "Elevator Operator?" - Macro Market Update by Les Parker
Description: 09.16.25 Is The Fed An "Elevator Operator?"-----------------Don't jump bullish bonds, don't jump off that roof.You've got lower yields ahead of you; you're still in your youth.Bears give anything to have gains like you.Is the mortgage market an elevator going up or down?With the 10-year yield breaching at 4%, what occurs next: 4.20 or 3.80? Economic news continues to provide a plethora of bullish and bearish inflation and growth indicators, but bulls have the edge.To go significantly below 3.80 requires an accelerated decline in...