Loading ...That makes total sense. Both Central Banks and Governments can’t afford rates to be as high as they are now – they need them negative to service the debt. So the Fed is in a pickle, they need to buy a butt ton more of the bonds than a $100 Billion a month to get those rates down. There’s just too much supply coming out of the government.
It appears the scum has now decided golds little premarket rally is over. Was up $10, now up $5.