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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (11977)9/21/2004 12:45:30 PM
From: XBrit   of 116555
 
<<Now that the FED is acting to "normalize” rates... even as the yield on the 10 yr has collapsed since June.>>

Um, isn't that combination exactly what it takes to produce an inverted yield curve? Say, short at 3.5% and long at 3.25% by middle of next year.

I can't remember, inverted yield curves are supposed to be warning signs for something...
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