US Yield Curve Impressively Bull Steepened
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<p>Markets Higher bonds/lower yields was the ‘default’ trend so far this month and reinforced yesterday by comments from Fed’s Waller, usually one of the more hawkish members of the Fed MPC. Contrary to what was the case a month ago (strong US Q3 growth), he is becoming increasingly confident that Fed policy is well positioned […]</p>
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