Treasury Yield Curve Crashes To New 10Y Lows After Hotter-Than-Expected PPI

Jon Alternative Media, Blogosphere, Economy, Market Commentary

With a December rate-hike baked into the cake (odds as close to 100% as possible), the hotter-than-expected PPI print has sparked notable outperformance in the long-end (amid Fed-driven slowdown fears) sending the yield curve to new cycle flats – flattest since 2007…

This post was published at Zero Hedge on Nov 14, 2017.