Swiss Economicblogs.org
If there was a compelling collateral case for bending the Treasury yield curve toward inversion beginning last October, what follows is the update for the twist itself. As collateral scarcity became shortage then a pretty substantial run, that was the very moment yield curve flattening became inverted. Just like October, you can actually see it all unfold. According to the latest FRBNY data taken from Primary Dealers, repo fails during the week of April 6 (most...
Read More »Yield Curve Inversion Was/Is Absolutely All About Collateral
