Good morning. 10s vs 2.16/18 seems to have held. For now…With FOMC behind us (and one ‘vol event’ moving from unknown to KNOWN) and a (5s10s)curve inversion now something more than a few of the markets cool kids are talkin’ about (see below), global markets are once again free to (re) focus back TO geopolitical landscape.
o/n; vigilantes; 5s10s Fed'version
o/n; vigilantes; 5s10s Fed'version
o/n; vigilantes; 5s10s Fed'version
Good morning. 10s vs 2.16/18 seems to have held. For now…With FOMC behind us (and one ‘vol event’ moving from unknown to KNOWN) and a (5s10s)curve inversion now something more than a few of the markets cool kids are talkin’ about (see below), global markets are once again free to (re) focus back TO geopolitical landscape.