David Goldman Quotes
The implications are a bit worrying for spreads, particularly for the corporate market. The inversion means the market thinks the Fed has tightened too much and expects short-term rates to be cut by the Fed. 
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Implications | Worrying | Spreads | Corporate | Market |
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The market thinks the U.S. economy will be stronger than they thought a few months ago. That's been the big surprise.
- David Goldman
