You are right on the money(ha ha) rates are not going anywhere for sometime to come. The US is sliding back into recession and the Fed will panic but they really do not have anything  powder left. They can only borrow more to stimulate which of course will fail again. The 2nd quarter GDP 2nd estimate came out last week and again revised down. Of course there will be at least two more guesstimates to go and they will all be south.

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