In the wake of the last Federal Reserve meeting and monthly jobs report, interest rates fell. That helped set off the strongest rally in stocks since November 2021. But will concerns about Treasury supply derail that strength? Or will the market finally move past rate worries and focus on other things that matter…like corporate earnings? Top MoneyShow expert contributors weigh in this week.
The US Treasury had to issue more debt recently because they could not issue any before the debt ceiling deal, and also because they have to issue more bonds at much higher interest rates to pay the coupons on the ones they had issued already. The situation is starting to look like an out-of-control debt spiral.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.