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Wall Street's $100 Billion Retreat From Moscow

Bloomberg Businessweek

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Is There an Inversion of the Spot Curve?

An inversion, or extremelyno pancake flat, two tens curve, is kind of inevitable at this point. We haven't seen two stens invert but we've seen points af the curve inverted. With higher yields, you'll have better funding status as more people enter back into fixed income landscape. But we do not think at the moment that yields will go back to those 20 18 levels. Theyre probabl we haven't seen it yet, though.

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