>jpm: Yields on 10-year U.S. Treasuries are over 100 bps higher than their September lows—while the Federal Reserve has been lowering its target policy rate. That’s unusual. In the previous seven cutting cycles by the Fed going back to the 1980s, the yield on the 10-year Treasury was lower 100% of the time 100 days after the first rate cut.

yea fuck them up yes fuck up their whole mentality