Wall St. For Main St., Released on 8/26/21
Here’s proof that covert yield curve control was already done by the Fed: The amount of 10 year and 20 year US Treasury bonds owned by the Fed has already increased from 20% to 55% in a very short amount of time.
So the Fed is attempting to cap long term interest rates for US Treasuries or at least keep them within an acceptable range.
Track the US Treasury Yield Curve here for free: www.gurufocus.com/yield_curve…
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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.