Should read as FED reignites fears they’re going to let the yield curve invert through inaction.
I seriously believe Trump is setting the Federal Reserve up to take the fall if a recession occurs in the next couple of years. It is a brilliant move on his part because the Fed is so secretive and at times blindingly stupid.
“ordered” ?
Should read as FED reignites fears they’re going to let the yield curve invert through inaction.
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Yep, the Fed has manipulated short term rates to be much higher than what the market would charge.