USA long rates are soaring
Ecb qe and thier rate targeting sees their rates go supa negative- yet thier currency still races ahead
the differential between USA and euro rates is quite large now - we could see a reversal in usd as many from euro land sell euros- sell hedge and grab some of that margin
blistering moves in what has been a dramatic everything up excluding usd market
there is even talk by o e fed member refuarding tapering bond purchases- didn’t see that signal coming for a while
was hoping slobadam trumposovich got tapered but suprised the fed is now beginning to have any member use the word “ taper”— it’s not like every single thing on the planet has exploded up- oh wait