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It doesn't have to be this way. The curve was unnaturally flat to start with due to Operation Twist. As the Fed unwinds its balance sheet, it seems only natur
by jgalt212 8y ago
It doesn't have to be this way. The curve was unnaturally flat to start with due to Operation Twist. As the Fed unwinds its balance sheet, it seems only naturally to also unwind the effects of Operation Twist at the same time.