Richie

VIX Breaks Below 20

Boy, that didn't last long --- huh???

Fed Funds Rate Has To Climb To 6%, Then Fall

"• Buy into bond weakness. It is fair to say that on a one year view, Fed Funds will have peaked and will start their descent: Fed Funds rarely have "got stuck" at a high rate - at the outside, for about five months."
"• When Fed Funds fall, so do bond yields. That is because people want to lock into the higher rates provided by bonds, so they buy high yielding bonds, driving down their prices. So up go the yields."

What the heck are you talking about ??? What do L/T bonds have to do with Fed Funds. ie, Where is there a direct connection between the two ???