Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
2022 Rivals 2008 For Suddenly Wild Bond Market
"Keep those seatbelts fastened," TD's Priya Misra said, in a note documenting this year's fireworks
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
H-Man, the 5 year belly inverted significantly, it does not bode well for equities. While the long end oscillates between 3.5 and 3.0 on the 10T, The push is higher with no road blocks until we reach 4.0 — then maybe some respite.
“So far, QT is working, Jim Bullard said Friday in Zurich. He conceded it’s too early to draw any conclusions, though. After all, it just started this month.”
Since June 1st, the Fed’s balance sheet has INCREASED for three straight weeks through June 22 (totaling ~$30 billion)