> I’ve come to associate it with an attempt to will the Fed into doing what they want.
Because that's what it is. Powell tried to raise rates early in the pandmeic and wall st. meltdown successfully got him to lower them back down. It worked before so they're trying again.
mmm.. I think the 2020 Taper Tantrum was a bit more complex than you're giving it credit for, but the end result was indistinguishable from the simple cause(s) you propose, so maybe it wasn't that complex.
Because that's what it is. Powell tried to raise rates early in the pandmeic and wall st. meltdown successfully got him to lower them back down. It worked before so they're trying again.