Hope your well. Big news of the day. The Fed cuts by 25 basis points. That was unexpected. Excuse me,

that was expected. What the market did was totally unexpected. So let's dive into that right now.

If you guys watch my live stream from before, you saw just massive volatility and interest rates.

So we got to see how the day ended and what the markets are telling us about future rate cuts.

Again, all about probabilities.

There are no certainties.

All right.

Let me do the screen share.

And we're going to go into this

massive volatility. And right here, let's go to the one day chart. This is a 30-year treasury,

just using that. As soon as the feds rate cut decision came out in 25 basis points, it absolutely

plummeted. I mean, went from 465 to boom, straight down to where the point, to a point where

it's almost trading at a 4.5 handle, almost trading down in the 4.59 range.

But then, look at this.

It just goes, it goes straight up.

Now, I don't know, short selling, who knows, algorithms.

We talked about that earlier.

But I think what was really unexpected is the 30-year treasury traded higher on the day.

Higher on the day.

When I was doing the live stream, I thought it could get up to 4.7, but it didn't get up that high.

But it closes 4.684.

So what happened?

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