Labor Market Conundrums

It is crunch time for our ‘Quadrilemma’ thesis, which is our view that in order for the Fed to cut to 4% in ‘24, the level required to painlessly disinvert the 3m10y yield curve with a 10-year Treasury near 4% that will reopen regional bank credit channel, the unemployment rate needs to exceed 4%…#treasury #fedchair #fdicchairgruenberg #gsib #cra #chairpowell #spregionalbank #russell2000 #sp #fomc

Source: Reuters: Health - March 4, 2024 Category: Consumer Health News Source Type: news