…Eurodollar 3M Futures Spread Falls To Lowest Level Since 2000 (Europe’s Troubles In One Chart)
The US Treasury 10Y-2Y slope keeps falling … as The Fed keeps raising their target rate. It has flattened to 35.5 basis points.
Meanwhile, the 3 month Eurodollar spread to the lowest level since 2000.
You can see Europe’s troubles (which are legion) in this chart.
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