BLOOMBERG Bloomberg Real Yield November 26, 2017
To stop and take note is the speed with which it has flattened. You still have lots of central bank liquidity, even if the u. S. Bank is falling back, bank of japan is expanding their programs. Ecb is really involved. You not seeing Global Central Bank for dissing winding down. Between 50 and zero, it is really the flashing side. Things are starting to get a lot more challenging. Above 50 you can always explain it away. Equity is doing well, credit spread is doing well, the economy doing well globally, i think there will be some willingness to look back look past the flatness of the curve. Jon...