We know this is true because the curve remains inverted, with short-term debt remaining around the FFR, but long-term is below it, when really it should be a bit above and on a slope upward toward the 30 year. Maybe it will eventually sink in. The FOMC started even talking about hiking rates again recently, since inflation failed to cool in recent months.
We know this is true because the curve remains inverted, with short-term debt remaining around the FFR, but long-term is below it, when really it should be a bit above and on a slope upward toward the 30 year. Maybe it will eventually sink in. The FOMC started even talking about hiking rates again recently, since inflation failed to cool in recent months.