Weekly Talking Points - Watching US inflation this week
- gcelaya2
- Jul 8, 2023
- 1 min read
Our round-up of what to expect in the coming week and the key events of last week. The regular Spotlight feature looks at the deeply inverted US coupon curve (10/2's yield spread). We look for this to rebound and return to positive territory, rather than invert further. Timing is everything, of course! Our Review section looks at recent economic data and the higher yields seen in global core 2 and 10-yr. notes. We also note that Bitcoin is holding up, and gold prices are finding support, both may falter on a 'higher for longer' view of interest rates. To read more please subscribe.
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