dajo9 said:Well the 10-2 spread has halved in the last month but if you want to attribute the move today solely to Ukraine, then ok. Just remember that a flight to quality from war in Ukraine is also a slow growth argument.DiabloWags said:dajo9 said:
The U.S. Treasury 10-2 spread took another big dump today dropping down to .39. The Treasury market is telling us that going forward, inflation is not the problem - slow growth is.
You dont think that there might be a flight to quality occurring that is flattening the curve given that Russia just invaded Ukraine?
That's not what I said and you know it.
I wasnt talking about the last month.
Duh.