Courtesy of ZeroHedge. View original post here.
This is not what The Fed’s “insurance” rate-cut was supposed to do…
10Y Yield has just tumbled back below 2.00%…
This is the first drop below 2.00% since the payrolls-day spike on July 5th…
And the yield curve – wherever you look – is collapsing…
In other words – the bond market is screaming – “Policy Error!!”