"Normalization" It's taken a long, long time. But, are we there yet?
If we look at the yield of the 10 Year Treasury at 3.875%/Yr and the 13 Week Treasury at 5.503%/Yr we see the Yield Curve is still upside down. So, to answer my own question, I don't think we've reached "normal" for inflation or interest rates. Like Paul Carrack said in 1975 in his song "How Long" - "Well your friends with their fancy persuasions don't admit that it's part of their scheme...." https://lnkd.in/eA8EgQWF
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