The yield curve is predicted to un-invert without the Fed cutting interest rates, leading to long-term yields remaining elevated, which would be an unusual and unprecedented event.
"the problem is that the curve is going to unvert but where's your [ __ ] rate cut that's the crazy part this is that theory i' I've been throwing out over and over again where I was like you know that would be the weirdest thing that could happen is that if we get the curve un inverting after two years of inversion but then it uninverted without a rate cut... that means you're having yields still elevated for a long time"
