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The Euro Dollar Curve Is Inverted
The yield curve is inverting normally when it inverts a sign of danger. I agree with jeff about the euro dollar curve that is people hedging Although I think it has to do with in proportion to basically what you need to hedge And so that kind of affects the death of the curve. When you look at the tenure though, it's a different part of the curve It's not let's say inversion within the short term interest rates within a couple years But between the two years and with the ten years.