MW: Bond-market’s most deeply inverted gauge is pointing to...
MARKETWATCH reports: The most deeply inverted part of the U.S. yield curve is one that hasn’t ...
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MarketWatch’s Ivan Martchev writes: “I had one of the strangest conversations with a wealthy investor this month regarding the Federal Reserve. He tried to convince me that the Fed does not know what it is doing by paying interest on excess reserves. When it pays interest on excess reserves, he said, it causes banks to hoard cash and not lend…”
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