Generally a lagging indicator, sub-100 strongly suggests we are in a recession.
Last Week This Morning 10 Year Treasury down 6bps to 0.82% German bund at -0.58% 2 Year Treasury closed at 0.18% LIBOR at 0.15% SOFR is 0.06% More good news on the vaccine! What will my “I’ve been vaccinated” placard look like? Do I wear it around my neck like a Flavor Flav clock? JPM […]
A slightly irreverent take on interest rate markets and the economy.