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IT'S STARTING: This Could Have HUGE Global Implications
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #jobs #europe #germany #yieldcurve
Is the bond selloff finally over? How would we tell? One way is to look at European specifically German rates and rate behavior. Over the last half decade, bunds et al have led US Treasuries including the similar cases in 2018 not to mention last year. Not only are cash market yields trending that way, forward European money rates are more strongly inverted this month, too. The reason why is equally clear, coming straight…
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