Slippin’ Into Darkness! US Treasury Yield Curve Descends To -108 BPS (169 Days Of Inversion) As US Mortgage Rate Hits 7.11% (Fed No Longer Low Riding Interest Rates) – Confounded Interest – Anthony B. Sanders
March 9, 2023
Slippin’ into darkness! The US Treasury 10Y-2Y yield curve, that is.
At the same time that the 10Y-2Y yield curve inverts to -108 basis points, Bankrate’s 30-year mortgage rate has risen to 7.11%.
Now that The Federal Reserve is no longer low riding interest rates, I expect to see a cooling of the US economy.
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