Curve Crushed: 2Y, 3Y And 5Y Treasury Yields Plummet Below The Fed Funds Rate

Zero Hedge | 3/20/2019 | Staff
Nighty (Posted by) Level 3
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Some were convinced there was no way Powell could surprise markets dovishly. They were wrong.

And to get a sense of just how dovish the Fed's statement was, look no further than the yield curve where everything to the left of the 7Y Treasury (and even that is in danger), is now inverted to the effective Fed Funds rate...
(Excerpt) Read more at: Zero Hedge
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