I can't find the "pick up" in inflation expectations? Looks more like a credit bull market to me.
Will break up to 0.25% yield today?
Demand is still strong. Not the curves of an economy with growth prospects.
A lift in rates are smoothing out the dip in the Eurodollar curve.
Curve update... Eurodollar curve is improving, however the kink in the curve over the next 3 yrs is curious.
Not much change in the shapes of the curves; spreads look to be steepening. Although not holding highs, they're not plumbing new depths either.
2-10s back below 20ma,5-30s just above. Otherwise, little change. Oil is in contango, implying weak sales demand. #markets #ZF_F
9.17 Currency in circulation - wkly avg
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