Yield Curve Dynamics
The long end of the yield curve has been slow to adjust, reflecting a disconnect between short-term borrowing rates and long-term economic realities. Despite rapid interest rate hikes, the economy shows resilience, with job openings and GDP growth remaining strong. This unusual lag in response to rate increases suggests that the economy is less sensitive to short-term rates than in the past, largely due to well-prepared corporate balance sheets and homeowners locking in low mortgage rates.In this clip
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Ozempic’s Market Impacts and Surging Bond Yields — with Downtown Josh Brown | Prof G Markets
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