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Is the Fed Going to Hike Again?
The yield curve is now at its most inverted since 82, I believe no, 81. The moment you see an announcement that that US dollar swap lines have been turned on again with someone,. the moment someone uses that swap line because they're always available. And that's when you know, oh, wow, something was very stressful out there. It can be triggered by something else that's happening underneath the scenes.