The Fed, The 10-Year Yield, And The Income Investor's Nightmare

Core Insights - The Federal Reserve has decided to cut the base rates, aligning with market expectations, which led to a positive reaction across key markets following the announcement [1] Group 1: Federal Reserve Actions - The Fed's decision to cut base rates was anticipated by the market, indicating a well-forecasted economic environment [1] - The immediate market response post-announcement was positive, suggesting investor confidence in the Fed's decision [1] Group 2: Analyst Background - Roberts Berzins has over a decade of experience in financial management, focusing on helping top-tier corporates with financial strategies and large-scale financings [1] - Berzins has contributed to institutionalizing the REIT framework in Latvia to enhance liquidity in pan-Baltic capital markets [1] - His work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [1]