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2 Year Yield Drops To Fresh All Time Low Ahead Of FOMC's 2:15 PM Announcement

Tyler Durden's picture




 

Today at 2:15pm (not at 2:00PM as some other RSS aggregators will make you believe) the FOMC will announce nothing much is going to happen (otherwise Bill Gross would have been loading up on margin). Yet nonetheless, the 2 Year has just dropped to a fresh all time low of 0.4398%. As to what happens with stocks at 2:15:01 pm, nobody really cares anymore.

 

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Tue, 09/21/2010 - 14:12 | 595066 firstdivision
firstdivision's picture

I have that feeling of xmas day excitment building.  The markets are going to go erratic for the day, and tomorrow is when reality sets in.

Tue, 09/21/2010 - 14:19 | 595082 firstdivision
firstdivision's picture

With the market gunning to the moon, I will be going short at EOD, as last FOMC notes markets reacted the same.

Tue, 09/21/2010 - 14:18 | 595077 HelluvaEngineer
HelluvaEngineer's picture

What do you like on your Nothingburger?

Tue, 09/21/2010 - 14:22 | 595094 Crabshack
Crabshack's picture

50pt jump @ 2:15 straight up.

Tue, 09/21/2010 - 14:29 | 595110 Threeggg
Threeggg's picture

Gold market is "ALL OVER" the place !

 

New Record high just hit !

Tue, 09/21/2010 - 14:30 | 595138 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

ZIRP forever!!!!!!!!!!!!!!!!

Tue, 09/21/2010 - 14:32 | 595154 web bot
web bot's picture

A question from the sock puppet.

What comes after trillions? Is it zillions? Seriously.

Apart from calling it "we're #ucked", what do we call $1,000,000,000,000,000.00?

Tue, 09/21/2010 - 14:40 | 595194 TeamAmerica
TeamAmerica's picture

That would be a quadrillion, sock puppet.   In Americanese, anyway.

Tue, 09/21/2010 - 14:52 | 595268 web bot
web bot's picture

Thanks. It's amazing that at some point in time over the next while, we're going to be talking about quadrillions.

Tue, 09/21/2010 - 15:08 | 595347 TeamAmerica
TeamAmerica's picture

The national debt is only 0.0135 quadrillion dollars.   Almost harmless.

Tue, 09/21/2010 - 15:06 | 595336 Crabshack
Crabshack's picture

0.42 now ... 9% down

Tue, 10/26/2010 - 03:05 | 677054 guccichanel
guccichanel's picture

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