It is not reasonable to say the Economy is looking good when One Year US Treasury Yields are at new lows.The bond market does not lie. It is a lot closer to the the real economy where as the stock market is riddled with speculation and frequently becomes detached from fundamentals.
What does it mean that US 1 Year Treasury Bill yields are at record lows?
Wow, 50 more points priced in since the emergency rate cut.
Gotta wonder if the Feds are going to be willing to drop rates so fast before we even see economic fallout from this virus. This won't leave the Fed with much ammo to fight off a recession.
Another 50 pts and we're at zero, lol.