2Y Yields Hit New Record Low As Market Pushes NIRP Bets Amid Powell Silence
May 8th 2020 11:16am EDT
2Y Yields Hit New Record Low As Market Pushes NIRP Bets Amid Powell Silence The Fed has a major problem… Futures markets are signaling, with increasing zeal, negative US interest rates as soon as November 2020… In fact, as the chart above shows, Fed Fund Futures are pricing in a stunning negative 42bps rate in […]
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