preston on Nostr: When you get a really large inversion like that, it’s the bond market screaming to ...
When you get a really large inversion like that, it’s the bond market screaming to the world that major recession is brewing. Short term borrowing rates are significantly higher than long term 30 year rates…A very difficult thing for businesses that aren’t profitable to navigate because if they try to roll their debt with less or equal interest expense, they can’t do it by taking out a shorter duration instrument.
Published at
2023-01-06 16:32:30Event JSON
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