(USTs hold 1/2 o/n bull steepening BID on heavy volumes EARLY which faded into EZ hours)while WE slept; You down wit SVB...
thebondbeat.substack.com
Good morning … 2yy down 30bps from yesterday afternoon CHEAPS (just north of 5.06%)? Um okie dokie … The GOOD news is Bank of Japan left things unchanged » interest rates and yield curve control » in Kuroda’s final meeting, ALSO says output and exports are now “moving sideways” rather than increasing. Um … that’s not good.
(USTs hold 1/2 o/n bull steepening BID on heavy volumes EARLY which faded into EZ hours)while WE slept; You down wit SVB...
(USTs hold 1/2 o/n bull steepening BID on…
(USTs hold 1/2 o/n bull steepening BID on heavy volumes EARLY which faded into EZ hours)while WE slept; You down wit SVB...
Good morning … 2yy down 30bps from yesterday afternoon CHEAPS (just north of 5.06%)? Um okie dokie … The GOOD news is Bank of Japan left things unchanged » interest rates and yield curve control » in Kuroda’s final meeting, ALSO says output and exports are now “moving sideways” rather than increasing. Um … that’s not good.