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Forget the Fed, Cruise Control, and The Busiest Day of Earnings Season 7/27/23

The Exchange

00:00

The Fed Is a Total Non-Starter, No Matter What Happens With Rates

The last leg of $120 billion of coupon supply from the US Treasury in the former 35 billion seven year notes was auctioned. The one issued market was trading around $4.07 and a half, the yield at the Dutch auction $4.087. Rick Santelli: This is the greatest opportunity I've seen in the last 30 years. You have the opportunity as an investor to focus on the basics. If you engage in battles, Wall Street cannot pick you off.

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