RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Treasury Yield Curve Crashes To New 10Y Lows After Hotter-Than-Expected PPI Tue Nov 14, 2017 8:41 pm | |
| With a December rate-hike baked into the cake (odds as close to 100% as possible), the hotter-than-expected PPI print has sparked notable outperformance in the long-end (amid Fed-driven slowdown fears) sending the yield curve to new cycle flats - flattest since 2007...
The last two times the yield curve was this flat, the US economy was in recession...
http://www.zerohedge.com/news/2017-11-14/treasury-yield-curve-crashes-new-10y-lows-after-hotter-expected-ppi |
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