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The market doesn't believe this. If it did, the 10 year Treasury bond rate would be a lot higher, instead the yield curve is negative. https://ycharts.com/indi
by astrange 4y ago
The market doesn't believe this. If it did, the 10 year Treasury bond rate would be a lot higher, instead the yield curve is negative.
https://ycharts.com/indicators/10_year_3_month_treasury_spread https://ycharts.com/indicators/10_year_3_month_treasury_spre...
- andromeduck 4y agoMarket isn't always rational.
- kadoban 4y agoIt's more rational than Congress at least, is only just.