(USTs are lower ahead of SUPPLY and DESPITE China data and all on LIGHT VOLUMES)while WE slept; "Global liquidity* has risen despite QT"; IF pause THEN CUTS(?)
(USTs are lower ahead of SUPPLY and DESPITE China data and all on LIGHT VOLUMES)while WE slept; "Global liquidity* has risen despite QT"; IF pause THEN CUTS(?)
Good morning … unless of course you continued to hold out some hope for Chinese ‘flation to kick back in as a result OF a robust global manufacturing economy, SCMP: China's deflation worries rise in May as consumer prices remain low, producer price fall extends
I just can't see Interest Rate cuts this year...
For, me the most likely scenario is Unchanged, at current levels , for the Fed...