Surely a sign of approaching
The Federal Reserve has little authority to carry out their assigned task to curtail inflation. So, they rely on a sledgehammer to remove a nail. The results may be catastrophic
The 2-and-10 year part of the Treasury bond curve -- a gauge often seen as a harbinger of recession -- has inverted to levels last seen when Paul Volcker steamrolled the US economy in the 1980s to tame runaway inflation.
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