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2-Yr, 10-Yr & Fed Funds (UL)

2-yr yield is well correlated with the fed fund rates (shown is the upper-limit) but it has sprinted far ahead. Bond market controls the 10-yr yield. This chart will have a different look on refresh tomorrow afternoon.
https://fred.stlouisfed.org/graph/?g=TVcz

Image link https://fred.stlouisfed.org/graph/fredgraph.png?g=TVcz

image

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