US 10YR Position Update: 13:17:06 (UTC) Fri Jun 12, 2020

12 ביוני 2020

With CPI hitting 0.1%, this was a clear cut obvious example of failed growth. With Powell capping the yield curve, it may appear that some could be confused. When growth and inflation both go down, and CPI has printed the wrost number ever. This was deflationary, and anything above this would be at best quad 2, but it won't sustain.