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"the 6mo-3mo spread shows that the market expects the Fed to already start cutting rates in 2022Q4. On July 1, the spread had reached a peak of 79 basis points (bp). It has now fallen, as of market close on Friday, to 53bp"

.. that's not a cut though, right? Diminished pricing means less tightening in December, not a cut ...

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Question from a data science student: if 2y5y is an encoding of the Kitchin cycle, and the 5y10y Juglar cycle... can the 10y20y be used for the Kuznets swing? Perhaps a "triple inversion"?

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