Fed Rate Cuts are Coming – 3 Month t-bill (red) Fed Funds (blue)

by SpontaneousDisorder

I had to manually enter the last couple of days move. You can also see 3 month t bills here.

https://stockcharts.com/h-sc/ui?s=%24IRX&p=D&yr=1&mn=0&dy=0&id=p73266153541

I think sharply falling short term rates are an early indication we’re moving into the down part of the cycle. Falling stock market and steepening yield curve are needed to confirm.