ISM Spoils The Bond Rout!!!

By |2019-10-01T12:41:54-05:00October 1st, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

With China closed for its National Day Golden Week holiday, the stage was set for Japan to steal the market spotlight. If only briefly. The Bank of Japan announced last night that it had had enough of the JGB curve. The 2s10s very nearly inverted last month and BoJ officials released preliminary plans to steepen [...]