2024-07-10 11:50:00 ET
Summary
- The last time the Fed cut the fed funds rate, the Fed easing monetary policy started with Janet Yellen in Q4 ’16 and ended with Jay Powell in late 2018.
- The TLT returned +14.12%, in 2019 as the Fed reduced the fed funds rate slightly.
- Investors could very well end up with higher Treasury yields as we move out the Treasury curve, after what would likely be a decent initial rally along the Treasury curve.
The last time the Fed cut the fed funds rate, the Fed easing monetary policy started with Janet Yellen in Q4 ’16 and ended with Jay Powell in late 2018....
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Bond Market Annual Returns: Beware Of Curve Steepening