"What else do you need to call it an inversion?" Gundlach said in a telephone interview. "Everyone is parsing all of these little arbitrary things. But we've got an inversion."Scott Eells | Bloomberg | Getty Images
At around 1.55% and 2.03%, the yield on the benchmark 10-year Treasury note and 30-year Treasury bond, respectively, are below the target federal funds rate of 2.25% to 2.5%. The yield on the two-year Treasury note is currently around 1.51%.
Honestly, with Trump lurching back and forth on tariffs how do you maintain control?
Trump wants lower interest rates lower to reduce to interest on the federal deficit in an attempt to control the deficit
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