Aggressive Change in Market’s Fed Outlook Drives Inversions in Yield Curve
Jerome Powell, chairman of the U.S. Federal Reserve, carries his notes while exiting after a news conference following a Federal Open Market Committee (FOMC) meeting in Washington. (Photographer: Andrew Harrer/Bloomberg)

Aggressive Change in Market’s Fed Outlook Drives Inversions in Yield Curve

(Bloomberg) -- The bond market’s aggressive overhaul of its outlook for Federal Reserve policy is creating kinks in the front end of the Treasury yield curve.
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