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Once you can see it clearly, it's already too late.

Eurodollar University

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The Yield Curve in Your Life Futures - Is That Really What the Fed Does?

The near-term forward spread, Jay Powell said last year, is what we look at. We don't get concerned until that one starts to make noises. And sure enough, the near-termforward spread inverted in November, and not just any day in November, it inverted on the day the October CPI came out. Do you think that had any role whatsoever at the FOMC meeting this week, with how much their tone has shifted from ultra-hawkish to noticeably less hawkish?

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