Dxy index
Dxy index. This performance of the yield curve simply means that investors are asking for better returns for short-term government bonds than longer ones. In a normal market, investors ask for a better return for long-term bonds. Therefore, analysts expect that the economy will go through a recession in the coming months or years.
The dollar index has also risen ahead of the that are expected later today. The minutes come at a time when most officials of the committee have talked about the need to hike interest rates by 0. On Tuesday, Lael Brainard, a senior official, said that the bank will likely start quantitative tightening.
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