Quoted from Motley Fool: "At one point, the two-day drop in the 3-month T-bills was 1.17 points before a huge recovery in the yield yesterday along with the rest of the market. This is something I was trying to bring up on the METAR (former Mishedlo) board. I received very few responses to my surprise. Eventually someone offered that the market was pricing in a "surprise" rate cut. Something about the smart money knowing things before the press release.

I was somewhat confident of that call, but did not have the courage to act on the short-term pop that would accompany it.

Buckaroo"