MacroVoices #331 Jeff Snider: The Eurodollar Curve Says Deflation Not Inflation
Macro Voices
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Urodala Futures Curve Is Saying, Too Bad
The market is increasingly certain that something is going to go wrong in the fed's very own back yard. The buredala future's curve is increasingly certain, it's never a hundred % certain, but is increasingly positive that none of that stuff matters. And here we have a market that's based on three months libor, which is supposed to be related closely to the federal funds targeting and what thee reserve does.
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