TyB
The common misconception is that the Fed controls interest rates-they do not
All they control is Prime and Federal Funds Rates-the later is what banks charge each other to lend themselves munee-all with ZERO collateral
Prime is the rate at which most consumer loans by those lovely insolvent POS banks use as a baseline like for credit cards (usually Prime + and the avg rate for credit cards is over 20%), auto loans and same (Prime +)
The Bond market controls it and since you’ve seen the 10y drop from just under 5% that is the reason they won’t raise and likely cut in March but could be as early as January
The FOMC is just the delivery boi for the bond market digital ink printers/exchangers.
The term Bond Vigilantes is (now) just a nice way to say that most of the holders of US Debt are net sellers thus the spike in rates as the value of actual bond(s) dropped.
Cap #2 is what the current unrealized losses sitting in the US banking system but that has improved a bit because rates have dropped thus increasing the value of those bonds
All of the US banking system suffers from this to various degrees. In Silicon Balley Banks case it only had 5% of available cash for the billions of “deposits” it had-what it had was billions in US Debt (thank you fractional reserve banking) that had to be sold at deep discounts in order to satisfy the run that was intentionally created.
It’ll habben again but a different trigger.
planeFag CONUS activity
SAM552 G5 NE. From Hickam AFB, Oahu to JBA
C102 US Coast Guard G5 with a late departure west from Reagan National Airport-speculation is that some of these flights are Navy Ops using the Coast Guard as a cover-this is the newest of the 3 G5s they have
RCH4167 C-17 Globemaster WN from JBA-4 diggies on these means VIP equipment delivery for upcoming Potato/Kneepads/Flauxtus visit
>>20011603 lb
AGING02 E6B Mercury did some roundies at Fresno/Yosemite Airport before arriving at Travis AFB
The airport identifier at Fresno is “FAT” for Fresno Air Terminal and goes back to before they added the Yosemite part to name-so when pick up yer bag you have a tag that sez FAT on it
RCH890 And BLUE21 DC-10 extenders (tankers) NE from Travis-these were used as aerial refueling platforms for spots to as he was in the SF Bay Area last week
>BLUE21 ……”Hut,Hut!….that’s especially for (You) Corey ;)
JASDF (Japanese Air Self Defense Forces) JF491 Kawasaki C2 returning to Japan after picking up refugees in Jordan-they’ve been the only ones that have done this visibly and the third one I’ve seen-prolly trying to curry favor with muh Arabs as they import almost all oil from several Arab states and they are record as supporting the Palestinians-not Hamas-and actually doing something about it however self-serving it may/may not be
It departed Kuala Lumpur after a refuel earlier today
Departed Amman (ammanRa) Jordan on 1128 went to Mumbai for a stop then on to Kuala Lumpur arriving early 11/29 for crew rest then departed several hours ago
> the thrill of calling patriots dipshits
Few things king dipshit
First things first: you are without a doubt the biggest dipshit/douchebag on this board-other then the IP hops you do there is little disagreement on that by most of this board-if they haven’t filtered you which most do.
If you have to say you are a patriot day after day and bred after bred
ProTip: Not.
See cap 1
>now IP hop “defend this paytriot” with the same stale cut and paste job
don’t forget to file a report too!
Using the plural form thus making the insinuation that you belong to a small group and that no others exist except the “3 of us”- your statement
The constant use of “us,we and I”
That was your statement (that is all you ever have) earlier today
(You) represent the very worst of this board: a self-centered and stated self-important individual that wastes no space telling e’one how you “do it all” and “I’m the only one”
You belong on social media as your verbiage and narcissistic attitude are a perfect match for it-from wut I’ve been told by others as I refuse to use it but you are missing your special purpose
Night B
Tty some point tomorrow
Tap,tap
Early morning departure for Israeli AF IAF695 707 Re’em tanker from Dover AFB
These function as cargo ACs as well as configurations for troops- betcha it’s loaded with “toys” and no seats on that
Blinken promised nosr “ help.” There it is
Think no one watching eh?
Wrong
Guaranteed (You) care
Why you responded
The waiting will continue
Control is what you lack
My how the tables have turned for you
Have a very unpleasant weekend “anon”
Kek