John Lonski Quotes
If nothing else, a flat-to-inverted Treasury yield curve is the financial market's way of telling policy-makers that there is no compelling need for a higher federal funds rate. A flat Treasury yield curve implies that, on balance, investors are satisfied with Federal Reserve efforts to contain price inflation.
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Flat | Inverted | Treasury | Yield | Curve |
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The bond market is not happy that the equity market's having all the fun.
- John Lonski
