The yield curve is a really powerful indicator. It always has been. The shape of the curve still matters.
More Quotes from Christopher Low:
The decline helps affirm cooling in the housing sector and is consistent with other broad-based data we have seen.Christopher Low
Economists were expecting that the Fed would either remove the warning about asymmetric risks toward inflation or judgment that further tightening might be necessary. Of course, the Fed did neither.
Christopher Low
Today, the first auction of 30-year Treasury bonds in (almost) five years is expected to go well.
Christopher Low
You can see this clear, ongoing deterioration. And what's scary about this is it's still accelerating,
Christopher Low
They tighten again in May and then they wait and watch.
Christopher Low
It's an ugly number -- you have a decline in March, you have a downward revision to the prior month,
Christopher Low
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