We Need To Talk About Curve Inversions (Plural) Going Nuclear

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Nov 17, 2022 at 2:48 PM EST

Unprecedented inversion in the German market got more unprecedented. Eurodollar futures are just epically upside down.

Image Source: Pixabay

Unprecedented inversion in the German market got more unprecedented. Eurodollar futures are just epically upside down. Even the Treasury yield curve has gone nuclear, with the 10-year benchmark rate well below the Fed's RRP. Huge warnings everywhere, but why? What's the message? Let's go through them.

Video Length: 00:20:43

More By This Author:

We Really Need To Revisit Dec '96 Because Of '22's "Inflation" Conundrum
Here Come The Central Bank Empire's Hawks, Right On Cue
Slowing CPI Finally Slows Fed Trajectory, But What Does The Pivot Really Mean?

Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

Click here to sign up for our free weekly e-newsletter.