Something for your Espresso: Ueda and the volatile Uninversion
From a slide to a climb: the yield curve seems increasingly poised to slope positive in the near future. Good news? Well... Read our morning thoughts below
Good morning from Europe!
Another red day in the markets is behind us as most asset classes were hammered once again. Long-term yields did recover some lost ground in the Eurozone, but it appears that the bond market is increasingly caught in a state of disarray.
If you believed that fixed income was a secure asset class, safe for the faint-hearted, these past years have doubtlessly raised your blood pressure
Chart 1: VIX vs MOVE index
From a slide to a climb: the yield curve seems increasingly poised to slope positive in the near future. Good news? Well… Read our morning thoughts below
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