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The 2-10 year spread remains near the multi decade lows

The 2-10 year spread moved below the 0.0% into negative territory back in July and it has been pretty much down since then. The spread is currently at -0.706 which is supposed to be a prelude to a recession. If the Fed overstays it's welcome on the tightening side - it seems like they want to raise rates but keep them high into 2024, - that would do the trick. Wouldn't it? I would think so.

Yet, if you look at the S&P index, it is up close to 1.3% today. On Friday it rose 1.89%. The... Read More

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Content Topics

10 Year

Spread

Remains

Near

Multi

Decade

Lows

Forex

Posted: Jan 23 2023, 19:48

Author Name: forexlive

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