Just HAD to Point This Out
The yield curve is now fully inverted. Here is the listing of rates:
2-yr bond: 4.67%
5-yr bond: 4.57%
10-yr bond: 4.57%
30-yr bond: 4.55%
You will note that these are exactly backward of normal. Sort of like compasses pointing south. My, what a mess we've made at the Fed.
Cj
posted by Cj @ 16:22
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