Post #1058719: Fed impact: The increase in the terminal rate has…
Fed impact: The increase in the terminal rate has pushed long rates back up to their June peaks. Note how the 10yr is lagging behind the terminal rate: that’s the inversion at play.

Fed impact: The increase in the terminal rate has pushed long rates back up to their June peaks. Note how the 10yr is lagging behind the terminal rate: that’s the inversion at play.

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