The Fed's Control Over the Short Term Yield Curve

Two year is at 3.77%. The 30 year is at3.67%. And granted the 10 years are at 3.38. But what we're talking about here is an inverted yield curve. We actually might be getting back to where the two year is below the 30 year for the first time in a long time. That suggests rates are going to drop in the short term and rise in the long term.

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