The Oil Market And Yield Curve Just Did Something Really Strange

The historic correlation between U.S. Treasuries and WTI crude oil has shattered, creating a significant challenge for the Federal Reserve’s narrative.

depositphotos_445994886-stock-photo-oil-prices-fall-concept-oil.jpg
Source: DepositPhotos

The bond market just broke a major correlation at a particularly crucial moment. As the Warsh Fed sets out to stamp its mark on the market, the market is already stomping the narrative and doing so in a highly unusual way. UST & WTI have split up, with more than the Fed getting caught up in the burgeoning divorce.
Video Length: 00:23:14

STOCKS IN THIS ARTICLE

Also Mentions:

Comments