Is The Bond Market Wrong?! Has it Ever Been Wrong In The Past?

Is the bond market wrong?  Has it been wrong in the past? How useful are these esoteric indications and curves? Do they actually corroborate with anything in reality?
On the day when the Fed meets and all eyes are on interest rates, let's go through an example where it looked like the markets got it all wrong but in reality they got every last bit right. What curves were really telling us then, and what that can tell us about today.

Eurodollar University's Money & Macro Analysis

Bloomberg: Traders Turbocharge ECB Bets by Predicting 2.5% Rate in 2024
https://www.bloomberg.com/news/articles/2023-12-05/markets-turbocharge-bets-that-ecb-will-lead-world-on-rate-cuts

Twitter: https://twitter.com/JeffSnider_EDU
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RealClearMarkets Essays: https://bit.ly/38tL5a7

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