Monday , December 23 2024
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Zero US Rates

Summary:
Effective zero reported here out to 90 days (some reports of actual negative rates, Treasury reporting system here probably cannot accept a negative input ?) and lower numbers starting to creep out to the right axis of time.... meanwhile Mike reporting everyone is short the 10-yr go figure..  US going Mike’s “full Japan!”?   imo still not out of realm of possibility....

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Effective zero reported here out to 90 days (some reports of actual negative rates, Treasury reporting system here probably cannot accept a negative input ?) and lower numbers starting to creep out to the right axis of time.... meanwhile Mike reporting everyone is short the 10-yr go figure..  

US going Mike’s “full Japan!”?   imo still not out of realm of possibility....


Zero US Rates







Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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