Tag Archives: Committee To Save The World

About That Inverted Yield Curve, Coming Recession, and Repopocalypse

Why did yield curve inversion fail as recession predictor in 2019? (i) QE1, QE2, QE3, Operation Twist 1.0 & 2.0, forward guidance mean inversion signal is not what it once was; (ii) US-China tariff headlines drove inversion, economic fall-out from … Continue reading

Posted in Bonds, Fed, Uncategorized | Tagged , | 2 Comments

The Perversion Of The Yield Curve Inversion

We should be on vacation but it never fails that volatility spikes as soon as we leave our desk.   It must be the Ides Of August. Wait, it is.  Et tu Brutal! Nevertheless, we can’t help ourselves and have to … Continue reading

Posted in Bonds, Fed, Uncategorized | Tagged , | 3 Comments