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2026-11-08

The 2s10s Curve After the September 2026 Hike Is Tracking the 1997 One-and-Done Path

The 2s10s Curve After the September 2026 Hike Is Tracking the 1997 One-and-Done Path

Key points

2s10s change in bps around the first Fed hike since 1970 | The September 2026 path mirrors 1997's one-and-done, not the historical average's drift toward inversion

Image source: @VrntPerception