Latest / Eurodollar University
Fed says QE is Really Very Super Extra Terrific [Eurodollar University, Ep. 187]
The US government bond market appears to be out of step with CPI, a booming economy and money printing by central banks - what gives? We review two Federal Reserve officials explain that QE is very, really, super powerful (and that's why the bond market signals are haywire).
------EP. 187 TOPICS------
00:00 INTRO: Federal Reserve officials say QE is very effective.
01:18 The US Treasury yield curve have been flattening for many months now.
03:49 Bill Dudley wrote a column for Bloomberg on August 9... the anniversary of the end.
05:50 Dudley says the economy is booming and bond yields are…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.