o/n (and a chart of 20s on the 'fly); 'The Next Great Unwind'; 2yy and 10yy levels some watchin'
thebondbeat.substack.com
Good morning. risk is off and bonds are quite BID (actually they appear to be more bid than risk is off, imo) and actually the longer end of the curve is lagging. Central banks must really BE between that rock and a hard place, eh? More (on this and the 10yy area of the curve) in a moment. For now, here’s what happened,
o/n (and a chart of 20s on the 'fly); 'The Next Great Unwind'; 2yy and 10yy levels some watchin'
o/n (and a chart of 20s on the 'fly); 'The…
o/n (and a chart of 20s on the 'fly); 'The Next Great Unwind'; 2yy and 10yy levels some watchin'
Good morning. risk is off and bonds are quite BID (actually they appear to be more bid than risk is off, imo) and actually the longer end of the curve is lagging. Central banks must really BE between that rock and a hard place, eh? More (on this and the 10yy area of the curve) in a moment. For now, here’s what happened,