The Fed was hoping to steepen the yield curve with its 25 basis point (quarter-point) rate cut. Instead, inversions strengthened dramatically.

Inversions Strengthen

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What Happened?

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More Rate Cuts Coming

Trump wants more rate cuts.

He will get them, along with a recession.

Mike "Mish" Shedlock

Inversions Despite Surprise Cut: More Cuts Coming

This morning the Fed made an emergency 50 Basis point rate cut. More are coming.

Italian Bond Market Crisis Coming Up

Italy's 10-Year bond yield surged around the Italian election. There's heavy issuance in Sept and ECB tapering in Oct.

2019 Rate "Cuts" in Play

The market still expects the Fed to hike on Wednesday, but even the 3-Month yield is lower. Let's look ahead to 2019.

Rate Cuts More Likely Than Hikes in 2019

The market has now totally priced out rate hikes for the December 11, 2019 FOMC meeting.

Real Interest Rates "Historically" High or Low? Bond Market Legs?

Jim Rickards says real interest rates are high on a historic basis. That statement caught my attention.

Fed Cuts Rates 1/4 Percent, Three Dissents: Dot Plot Suggests No More 2019 Cuts

The Fed cut interest rates 25 basis point to a target of 1.75% to 2.00%. There were three dissents.

Bear Market Support Levels: Where Are They?

A look at the technical picture shows support levels and possible bounce points to watch on each of the indexes.

Yield Curve and Spreads Ahead of the Fed Rate Cut Decision

Here is the final snapshot of the yield curve and spreads ahead of the first interest rate cut since 2008.

Currency Wars: Greek 10-Year Bond Yield Dips Below 2% as Bets on Rate Cuts Rise

For the first time ever, Greek 10-year bond yields dipped below 2%.