THE CORPORATE YIELD CURVE HAS JUST INVERTED — SOURCE: 06-19-18 – “The Corporate Yield Curve Has Just Inverted” — A very interesting observation by the Nedbank analysts is that: The corporate sector curve (Baa-rated Corporates less the Prime rate) has now inverted. The implication of this is just as profound as a sovereign yield curve inversion as it […]
BUILDING TRADE RHETORIC MAY UNDERPIN NEXT SURGE IN BOND YIELDS It appears according to the latest Philly Fed that business-people of Philadelphia are now more worried about inflation in the next 6 months than at any time since 1988 (shooting up a whopping 23 points to 56.6)… But what the chart says is more concerning for […]
eurusd, TRIGGER$ July 2018, USD
TURMOIL IN EMERGING MARKETS DUE TO EVAPORATION OF US$ FUNDING — SOURCE: 06-05-18 ZeroHedge – “Central Banker Observes Sudden “Evaporation” Of Dollar Funding, Warns Of Global Turmoil” — Last October, just as the Fed started shrinking its balance sheet, we published yet another article on what is arguably the biggest threat to not only risk […]