When the Fed is doing QE it effectively controls the 10-year yield, but when it is not, the market controls the 10-year rate.
factualpending
Speaker
Ed YardeniEvidence Quote
“when the Fed was doing QE, they pretty much controlled the the the tenure... now that they're not doing QE, I'd say that the market controls it.”
Created: 6/18/2026, 2:32:16 PM
My Notes
Loading notes...