Graham Stephan, relaying another source: Fed policy rate will rise

Said on Sep 3, 2026, at 10:28 in the video.

What was said
Graham Stephan

@grahamstephan

“the market is now pricing in more than a 60% chance that on September 16th, the Federal Reserve raises interest rates by 25 basis points in addition to buying”
Watch at 10:28It Started: America’s Bond Market Is Secretly Collapsing
PredictionFed policy ratewill rise
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
3.5%4%4.5%5%5.5%6%202320242025202620262027Said on Sep 3, 2026
3.5%4%4.5%5%5.5%6%2023202520262027Said on Sep 3, 2026

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

going higher and the market's beginning to price in the chance of a Democratic sweep of both the House and the Senate in just 60 more days. You know, obviously a lot can change from now until then, but on a broad scale, we need to expect more volatility and potential declines until the market prices in the unexpected. Although in terms of what's about to happen on September 16th, if interest rates are going higher and then most importantly, what you could do about it, here's what you need to know. Like I said earlier, the market is now pricing in more than a 60% chance that on September 16th, the Federal Reserve raises interest rates by 25 basis points in addition to buying back their own debt just a week before that. Now, the way I see it, most of this is already priced in with Treasury rates continuing to skyrocket higher, but there is also a chance that interest rates go so high on their own that the Fed doesn't need to cut rates because the market did it for them. So, that's always a possibility. In fact, even when the Treasury signaled that they would be buying back their own debt, these interest rates remained pretty much unchanged. But keep in mind that there is the chance as well

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