This is another thing that is getting everyone EXCITED.
It is going to invert soon. Once that happen, as you can see in the past, the Fed will PIVOT.
Analysis also indicated that the MOVE Index shown previously will hit a new low the same time this 10y03m inverts.
THE FED TYPICALLY CUTS RATES ON AVERAGE TWO MONTHS AFTER THE MOVE REACHES BOTTOM.
So do you think the Fed will Pivot???
All I can say is expect more volatility this coming weeks.
P/S : As always, do not just believe what I say. Use your common sense.
It is going to invert soon. Once that happen, as you can see in the past, the Fed will PIVOT.
Analysis also indicated that the MOVE Index shown previously will hit a new low the same time this 10y03m inverts.
THE FED TYPICALLY CUTS RATES ON AVERAGE TWO MONTHS AFTER THE MOVE REACHES BOTTOM.
So do you think the Fed will Pivot???
All I can say is expect more volatility this coming weeks.
P/S : As always, do not just believe what I say. Use your common sense.
If we think that it bottoms out on the 1st week of December 2022, then chances are the Fed will cut rates in Feb 2023, which is on average 2 months after it reaches bottom.
Do you think the Fed will cut at the next meeting? Lets find out :)