by Summary:
They were holding the short end at the overnight rate they are paying on RRP at 0.05% .. but last few days this broke and now the 1 month is under that at 0.03%….Inverted/negative rates have to be the Fed’s worst nightmare…
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
They were holding the short end at the overnight rate they are paying on RRP at 0.05% .. but last few days this broke and now the 1 month is under that at 0.03%….Inverted/negative rates have to be the Fed’s worst nightmare…
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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They were holding the short end at the overnight rate they are paying on RRP at 0.05% .. but last few days this broke and now the 1 month is under that at 0.03%….
Inverted/negative rates have to be the Fed’s worst nightmare…
