FYI: The Fed has raised interest rates nine times since December 2015.
As much as some prognosticators would have you believe the Fed completely manipulates the interest rate markets, they really only have control over short-term rates.
Long-term rates have a mind of their own and the bond market doesn’t always agree with the Fed on these decisions. This idea becomes apparent when viewed through the changing shape of the yield curve these past few years:
Regards,
Ted
https://awealthofcommonsense.com/2019/01/shifting-risks-in-the-bond-market/
