The flattening yield curve undermines the Fed’s confidence in the US economy

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Vesna Poljak writes an article in the Australian Financial Review that discusses how the US yield curve is flattening at the same time as the Federal Reserve is talking up the prospects for the world’s biggest economy, indicating that the bond market has no faith in what the central bank is saying. She mentions Andrew Macken and his view on the bond market reaction. Read here.

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