CME Fedwatch has 48% Chance of at Least Four Hikes in 2018. Inversion When?
Mike Mish Shedlock
The inversion chart came in a Tweet. I do not have a link to the analysis.
If the Fed gets in 4 hikes this year, I would expect the curver to invert sooner. CME Fedwatch shows a nearly 50% chance of at least four hikes.
It's also possible the economy falls to pieces and the next move is a cut. Under that scenario, inversion may be a long time coming.
Mike "Mish" Shedlock