The market seems to expect that the Fed Funds Rate will go to 3% at least, likely by the end of next year. If and when that happens, either the 10 year yield stays at current levels and the yield curve inverts, or the 10 year yield goes higher, perhaps to 3.5% or more. Either situation would be negative for equities. Am I missing anything here?
Submitted October 22, 2018 at 09:16AM by chipotle_bowl https://ift.tt/2Jepru4