I've never seen CONTEXT with a differential like this, I don't think until this week did I ever see 20's, but now....
We now have more than a 30 point differential, usually markets turn around -8 or -12, I have a feeling this is going to be very ugly.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment