The Eurodollar Futures Curve has Inverted

3 years ago

The Eurodollar futures curve has inverted, a stark warning to officials of a dis-/deflationary future. In an eerie echo of 2018—the last time it happened—the Fed is doubling down on an inflationary future. Then? Talk of "symmetry". Today? Talk of accelerated "taper". Eerie!

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