(USTs lower, flatter on light volumes) while WE slept; YELLEN>JPOW; everyone agrees - the curve has now bottomed - let the cyclical steepening commence ... someone inform 3m vs 18mo fwd 3m bill crv
(USTs lower, flatter on light volumes) while WE slept; YELLEN>JPOW; everyone agrees - the curve has now bottomed - let the cyclical steepening commence ... someone inform 3m vs 18mo fwd 3m bill crv
thebondbeat.substack.com
Good morning … due to travel schedule and having been mostly off the grid yesterday, this mornings update will be topical and sans opinion of my own. I do find it interesting waking up to news that SNB jacked rates — CNBC, Swiss central bank hikes interest rates by 50 basis points despite Credit Suisse turmoil
I'd say she's more of a Smegal IMHO!
(i'd have to agree)