Kelly: “I mean, Rick, it's worth pointing out how unusual it is to have five-year yields rise 18 basis points in one session.”
Rick Santelli: “How unusual is it to have zero interest rates for seven years around the globe?
This is the price we pay for manipulating, and it's a normalization.
I'll give you something. Since 1980, the average yield on a ten-year note is around 5.5 to 5.6 percent. That should put things in perspective.”
😃
Kelly: “I mean, Rick, it's worth pointing out how unusual it is to have five-year yields rise 18 basis points in one session.”
Rick Santelli: “How unusual is it to have zero interest rates for seven years around the globe?
This is the price we pay for manipulating, and it's a normalization.
I'll give you something. Since 1980, the average yield on a ten-year note is around 5.5 to 5.6 percent. That should put things in perspective.”
😃
@pulte Relist $FNMA and $FMCC. FHFA delisted them. FHFA can undo it. No Congress, no Treasury, no IPO required. Shareholders have waited long enough. Please do it.
Obama and Biden kept Fannie and Freddie under the thumb of Washington grifters, who were always looking to milk a dime out of Fannie and Freddie! We’ve put them back to work for the American citizens, not for grifters.
Commendable indeed @pulte.
Imagine what $FNMA $FMCC shareholders could collectively donate to vets/housing if simply uplisted to NYSE.
We want to help. Uplisting unlocks capital for everyone.
H/T @HorsemanCountry Long $FNMA $FMCC NFA