'Poker Face': The Yield Curve Inverts As Investors Call The Fed's Bluff
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Last week when Jerome Powell – the Federal Reserve Chairman – said that we were now “just below” the neutral rate of interest, markets soared and bonds rallied.
'Poker Face': The Yield Curve Inverts As Investors Call The Fed's Bluff
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'Poker Face': The Yield Curve Inverts As Investors Call The Fed's Bluff
Last week when Jerome Powell – the Federal Reserve Chairman – said that we were now “just below” the neutral rate of interest, markets soared and bonds rallied.