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Dollar Climbs as Fed Manages to Further Boost Rate Forecast, Yield Curve Corrects

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Have US recession risks evaporated? The US 10-year to 2-year Treasury yield curve has moved out of its inversion, so a rudimentary reading would suggest the forecast has turned positive. But a rally in long-dated yields as QT talk becomes mainstream argues differently.



DailyFX and IG.jpg

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