THE CRITICAL TAKEAWAYS FROM THE US “YIELD SHOCK” — SOURCE: 10-04-18 Nomura, Bilal Hafeez – “3 Important Takeaways From The US Yield Shock” — KEY MESSAGES The market is pricing a higher neutral rate (r*), Euro real yields have also moved, The real story could be higher Japanese 10 Year yields Many are likely to […]
AN UPGRADED NEUTRAL RATE (R-STAR) IS RE-PRICING LONG END OF STEEPENING YIELD CURVE Posted:Fri, 05 Oct 2018 10:57:32 -0400 — SOURCE: 10-05-18 – “McElligott: “It’s The Steepener, Stupid”” — In his comment from yesterday, Nomura’s Charlie McElligott highlighted several key ways in which the latest rout in interest rates has been different from previous episodes, most […]
GLOBAL BOND MARKETS HAVE BROKEN CRITICAL LONG TERM TRENDS SOURCE: 10-01-18 Debt Bomb By The Phoenix – “Will the Bond Bubble Burst in October?” — The financial markets are now rapidly running out of liquidity. The Fed will withdraw $50 billion in liquidity from the financial system this month via its Quantitative Tightening, QT, program. This is the largest […]
