Otavio (Tavi) Costaさんのイラストまとめ
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Crescat Capital macro strategist. Native of Sao Paulo, Brazil 🇧instagram.com/tavicostamacro
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It’s official. US 30-year yield just inverted vs. the Fed funds rate!
Same warning ahead of the GFC, tech bust, Asian crisis, S&L crisis, and 1980’s double dip recessions.
The only false signal, 1986.
We now have the entire US Treasury curve below the Fed overnight rate.
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