What matters more than 50bp cut is 1/3 of US FED Debt expiring next year thanks to Janet too short Yallen. 

So either they're going to flood the bond market and jack up interest rates (not gonna happen) or the FED is going to have to absorb all of it. 

I don't know how much of the debt is already owned by the FED, so it might be a null point, but I assume some isn't, and it might not be insignificant. 

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