Yield Curve Inverts, Fed Stays Focused On Developing Recession To Tame Inflation, Wall Street Shamed

2's and 10's plunge into inversion as wall street explains why it's different this time, The Fed wants a recession and it will obtain one!
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over the last two weeks, the S&P has produced one of its sharpest rallies in history. As shown below, the recent 10-day ramp ranks in the 98th %ile of bear market rallies and in the 99.5th %ile of non-bear market rallies. While wall street attempts to gaslight investors as more of the curve inverts explaining the 2's and 10's are irrelevant this time the truth is the 2s10s curve is the most-monitored, the most-studied, and the most accurate predictor of recession the market has.