The Federal Reserve’s recent actions have had a significant effect on short-term interest rates. The statements made by Fed officials have dashed any hopes of a rate cut in the summer, and the expectation of high rates for an extended period of time, driven by ongoing inflation control and strong unemployment data, has caused the 2-year yield to approach 5%. As a result, the inversion of the yield curve has intensified, indicating that investors are increasingly worried about the economic future. For the latest technology news, visit NEWSLINKER.