The US 2-year yield is flirting with the 4% level as we get closer to the #FederalReserve policy announcement.
Per the @markets chart below: It is also worth noting the magnitude of the 12-month move as, first, #markets and then the #Fed caught up with the realities of inflation. https://t.co/4e6xhZAjcc— Mohamed A. El-Erian (@elerianm)
Sep 21, 2022
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