Independent thinking for complex markets and current events
US 2s vs 30s gap widest since 2022. Yield curves keep steepening globally, particularly driven by 30-year yields. In the US, the gap between 2-year and 30-year bond yields has reached the widest since January 2022. pic.twitter.com/elg9pKFavG — Lisa Abramowicz (@lisaabramowicz1) August 28, 2025 Japan's 30yr is now up almost 1ppt YTDUS 30yr +12bps pic.twitter.com/5rIOLSCFK8 …
Last time we had this combination, it wasn’t good for equities: 1- % YC un-inverting after reaching extreme levels 2- Monthly RSI > 70 Additionally, some valuation metrics are worse than they were in 2008. But maybe this time is different.. Last time we had this combination, it wasn't good for equities: 1- % YC …
2/ The yield curve just steepened by 1%, coming out of an inversion The last time we saw this was in 2020 during the COVID-19 recession pic.twitter.com/L2gzkGSCI8 — Bravos Research (@bravosresearch) October 8, 2024 4/ So, where's the recession now? GDP growth in the US is still at a healthy 2% The job market remains …
The bearish curve steepening we feared is fast becoming reality. The impact on risk assets occurs less through the textbook arbitrage channel and more via negative effect on collateral and hence on #liquidity @au_shareplicity @johnauthers https://t.co/VuMvsqnJQ4 — CrossBorder Capital/ GLIndexes (@crossbordercap) August 14, 2023 It's not the height of rates that destroys the economy but …