24/08/18

"Quite A Landmark Moment" - US Yield Curve Tumbles Below Japan's For First Time In 11 Years



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"Quite A Landmark Moment" - US Yield Curve Tumbles Below Japan's For First Time In 11 Years
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The US Treasury curve has (infuriatingly for policymakers) refused to reflect any growth hype narrative at all, with the spread between 2Y and 10Y maturities back in the teens - for the first time since 2007.

However, in what Deutsche Bank calls a "landmark moment" the US yield curve has tumbled back below the Japanese yield curve for the first time since Nov 2007...

We are sure the 'smartest men (and women) in the room' in Jackson Hole will be doing their best to ....

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