#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #jobs #europe #germany #yieldcurve
Is the bond selloff finally over? How would we tell? One way is to look at European specifically German rates and rate behavior. Over the last half decade, bunds et al have led US Treasuries including the similar cases in 2018 not to mention last year. Not only are cash market yields trending that way, forward European money rates are more strongly inverted this month, too. The reason why is equally clear, coming straight from statements by top ECB officials.
Eurodollar University's Money & Macro Analysis
Christine Lagarde, President of the ECB: Press Conference 10/26/2023
https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is231026~c23b4eb5f0.en.html
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.