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Employment, US Dollar and European Bonds with Steve van Metre [Eurodollar University, Ep. 259]

Eurodollar University

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Is There a Dollar Shortage?

The Fed is tightening into a dollar shortge itis, actually the worst thing they could be doing. The bond market is telling us there is something wrong, but the fed can't see it. In greece, their ten year and is up, i'm going to round up, 30 basis points to day. Italy is up 11 basis points. Do you have any insight as to what's going on? Why are yields rising in europe so strongly? And if not, we can go to whatever topic you like. I think over time, you'll see the same thing that you see in the treasury market where the balance of trading starts to tilt more toward the long-end

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