Have US Long Yields Made A Top? Macro Trading Ideas
@Pensive N.:
Macro Edge #33Originally posted on thepensivenugget.comThe US yield curve continues to flash huge warning signals to anyone willing to listen.As the potential for deflationary outcomes increases, smart traders/investors need to position themselves accordingly.If you would prefer to read this article in a slideshow format, you can do so at: https://bit.ly/Macro_Edge_33The Yield Curve Is Flashing A Huge Warning Signal The US yield curve between the 2s and 10s is very close to inverting, and remains inverted between the 5s and 10s Indicating much reduced potential for long term growth-driven inflation, even as US breakevens stay elevated Volatility in Commodities remains high even as prices of the most affected commodities pull back a bit WTI has fallen back to ~$100, which is still too high