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St Louis President Bullard's presentation.......>

FED
FED: St Louis President Bullard's presentation slides below. Interesting segment
on yield curve - Bullard's been a keen watcher of yield curve inversion (see his
Oct 2018 essay 'The Risk of Yield Curve Inversion-and How to Avoid It') and he
seems pretty nonplussed about recent moves:
- "Some portions of the Treasury yield curve are inverted today. In particular,
the 10-year yield is below the effective federal funds rate. However, the
10-year yield remains above the two-year yield, likely because markets are
anticipating future policy moves by the FOMC, and so we are not seeing an
intensification of the yield curve inversion so far."
https://www.stlouisfed.org/~/media/files/pdfs/bullard/remarks/2019/bullard_nec_w
ashington_dc_6_august_2019.pdf

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