IPFS News Link • Economy - Economics USA
"That's Not Supposed To Happen" - Yield Curve Slumps To Flattest In 9 Months
• Zero HedgeThe reaction screams "policy error" as rate cut odds for January remain above rate-hike odds. Financials - who will benefit greatly from this rate hike if all the talking heads are to be believed - appears not to have got the flattening curve joke yet.
Not exactly an overwhelming vote of confidence!!!