The 2Y Treasury Note rate is above the Fed Funds Rate. Markets are expecting inflation to remain elevated for longer.
The Fed is screwed. Hiking rates is doing little to nothing to tame inflation. Th...
Remember when Jack tweeted "hyperinflation will change everything" and people freaked out? Half said he was crazy, the other half said it was dangerous to tweet that because the economy would be fine as long as nobody influential tweets things like that.
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