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HOLY SMOKES, You Won't Believe What Just Happened To Bonds
The Treasury curve continues to make escalating even decisive bull moves. It's not difficult to see why, as another global consumer company admits its having trouble selling its products and in this case to the more well-to-do segment. In addition, former Fed members are urging immediate rate cuts openly wondering if it might be too late. One neighboring central bank is waiting to find out, unleashing another cut of its own and saying there are surely more coming.
Eurodollar University's Money & Macro Analysis
CNBC World’s largest luxury group LVMH slumps 4% after second-quarter revenue miss…
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