The Inversion of the US Yield Curve

The Bank of England has a much bigger inflation problem. They also have a much worse economy. So they're making the decision that inflation is a bigger problem than a slowing economy. There's a direct correlation there versus here where people are locked in golden handcuffs to their home. The aversion is going to change over time because if we do have the soft landing and not the 10 year yields will eventually make their way up, the Fed will stop raising. That behavioral finance aspect of things for bulls and bears takes precedence.

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