Trending Assets
Top investors this month
Trending Assets
Top investors this month
What Is The Curve Telling Us
The 5y is trading more expensive to the curve. This should signal the potential for a rate cutting cycle that will start to be seen soon. Looking at the curve (2s5s) it has continued to flatten and is now inverted by about 50bps. We have also started to see the 5s10s flatten rapidly and that is inverted as well. This has happened as the 5y has become more and more expensive relative to the curve. The market is saying that rates do not have room for more and more raises. Thus more evidence of the expected Fed pivot.
Post media

Related
Already have an account?