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Commentaries — February 23, 2000

Our Take on the Bond Market in 2000 Part 2: How Far Will the Yield Curve Invert? The marketplace is coming to the realization that the Fed is going to raise rates at every FOMC meeting until the economy slows. As this attitude gains wider acceptance, we believe the yield curve will stay inverted and,… Continue reading Untitled

Open Our Take on the Bond Market in 2000
Part 2: How Far Will the Yield Curve Invert?
The marketplace is coming to the realization that the Fed is going to raise rates at every FOMC meeting until the economy slows. As this attitude gains wider acceptance, we believe the yield curve will stay inverted and, in all likelihood, will invert further.