Curve play is a play on the cash rate etc Historic reversals and equities
We are watching a downtrend because of the order flow after the time target based on the wave analysis
An inverted yield curve means a market situation in which the yields offered, for longer maturities, are lower than the yields of the short-term portion of the curve (in this case the "short" is usually considered as the rates up to 2 years). This is a situation that is at first sight counter-intuitive. Those who have studied Finance will certainly remember the...
An inverted yield curve means a market situation in which the yields offered, for longer maturities, are lower than the yields of the short-term portion of the curve (in this case the "short" is usually considered as the rates up to 2 years). This is a situation that is at first sight counter-intuitive. Those who have studied Finance will certainly remember the...
A big picture of what history indicates will happen next. Nothing new here for the Macro people.
First Inversion of the 5/2 spread. This is no less important than the well-known 10-2 spread.
I believe that the most important question - is the secular trend of falling interest rates over or not - is still without answer. In last 30 years, each time 5Y yield got overbought, i.e. RSI got to 80, the trend reversed relatively quickly: in 1994, 2000 and 2006. The first time falling interest rates signaled the start of one of the strongest equity bull...