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The Inverted Yield Curve and the Future of Lending
The Japanese 10 years all the way back up is up to spot 644 as a, as a right now. So they're letting it live. Very aggressive. How the hell can this end up going well? I don't mean just for autos, I mean-for everything. This is what everyone's missed: The nasty impacts of an inverted yield curve are delayed. And we've been in this now for over a year for this to have an impact.