John Lonski
John Lonski @LonskiJohn ·
March 27's 2-year Treasury yield jumped up from March 24's near 7-month low of 3.76% to 4.02%. Nevertheless, because 4.02% is well under the now 4.88% fed funds rate, the 2-year Treasury yield still prices in a Fed rate cut later in 2023. #FOMC #2yearyield #fedfunds
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