Well, that didn’t take long! Four days ago, I stated the following in an article titled “Why are Bonds Going for Broke?“: Central banks are losing control, and are admitting they don’t even understand what is happening. I quoted St. Louis Reserve Bank president, James Bullard, who commented “Something is going on, and that’s causing I … Continue reading Fed Loses Control of its Benchmark Interest: Repo Rates through the Roof!