..the 2 yr yield is just 8bps higher than the 10yr...by next...

..the 2 yr yield is just 8bps higher than the 10yr...by next week, the 2yr could fall below the 10yr.

The track record of this indicator continues to be impeccable in forecasting recessions and severe downturns in labor markets. To reiterate: Now may not be the time to ignore the steepening of the yield curve from its deeply inverted levels.

https://x.com/TaviCosta/status/1819395136490512816

..and this certainly won't help.

..any repeat of Middle East war will re-ignite oil price hike, put paid to hopes for Fed pivot

BREAKING: The U.S. aircraft carrier USS Roosevelt has entered the Strait of Hormuz off the coast of Iran

https://x.com/visegrad24/status/1819482237185802366

...Gayed had been right about the yen carry trade reversal as I had featured him probably a month ago here.

If I was right this whole time, then junk debt will implode. Everyone is so focused on stocks, but the real crisis is the mispricing of volatility and default risk in corporate credit. Japan is simply the spark.
https://x.com/leadlagreport/status/1819312727929520136