This is a pretty east graphic to follow, this is why I mention Black Swan probabilities rising...
Note the trend, this is what the Core has feared, contagion and it's here, just ask the French.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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