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The Fed's Inversion Past 2023
There seems to be a bit more inversion past 2023. It seems like at least some people in the market think that the Fed was going to have to start cutting rates again in a couple years. Maybe that could be perceived as a policy error, either for real economy reasons or maybe they think that, like last time when you hike rates past 2%, the market blows up and you have to go back down.