From the Fed meeting before the July 31st 50 bps cut to the July 31st meeting itself, the 2-year Treasury fell 62 basis points while the Fed cut 50 bps. This means the Fed fell further behind the curve with its action, even as it was ostensibly easing.
factualpending
Evidence Quote
“the FED uh cut rates by 50 but in the preceding meeting there was the well I'll say this from the meeting before where they did nothing to the 50 basis point cut the two-year treasury rate went uh down by 62 basis points they cut by 50 what that means is however far behind the curve they were July 31st they're further behind the curve now”
Created: 8/10/2026, 10:50:41 PM
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