原推：.@Nancy__davis is highlighting a chart that is flagging the deflationary ramifications of current Fed policy. First, the yield curve has inverted to a level not seen since the early eighties, but -0.5% (50 basis points) on a 4% base is draconian compared to -0.5% on a 15% base. https://t.co/0HhR7NCOJp
?Check out the inverted 2s10s USD swaps curve. In the past 12 months we had the sharpest move lower since data is available (1988)!
On Friday, it was the most inverted ever (-0.87%) with the previous low before 2022 in March 1989! https://t.co/sxoukRvSHM