Second inversion in a week
US 2-year yields briefly fell below 10-year yields once again as the front end pushes up on worries that Powell won't cut rates as deeply as hoped.
Let's see if that sets off another frenzy in the algos.
US 2-year yields briefly fell below 10-year yields once again as the front end pushes up on worries that Powell won't cut rates as deeply as hoped.
Let's see if that sets off another frenzy in the algos.
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