Has the FEDs "conundrum" about the bond market "lowering" rates even as the FED was raising them been solved?
I think it has... The only problem is that any "return to normalcy" in the bond market will be a disaster for stocks!
A 5% ten year bond could put Bank CD rates in attractive territory for mom and pop investors who have been stuck in "Nowheresville" on Wall Street for the past many years...
Wall Street will only see the bottoms of retail investors feet...when they can get 5%+ on a six month CD!
BACK TO THE BANKS IN 2006! CONUNDRUM SOLVED! BYE,BYE STOCKS...HELLO CDs!