The actions taken by the Federal Reserve have had a substantial effect on short-term interest rates. Statements made by Fed officials have extinguished any hopes of a rate reduction during the summer months, and the anticipation of persistently high rates has caused the 2-year yield to approach 5%. As a result, the yield curve has become increasingly inverted, indicating that investors are worried about the future of the economy. For the latest technology news, visit Access NEWSLINKER.
