The UK is ahead in the tightening cycle.

The UK is ahead in the tightening cycle. Look at the #yieldcurve to see how much room the Bank of England has left to tighten. The yield curve has flattened to just 21 basis points. A hike of 0.50% would almost certainly have inverted the yield curve already. pic.twitter.com/2kDv1R4DlQ

— jeroen blokland (@jsblokland) February 3, 2022

https://twitter.com/PriapusIQ/status/1489227909571223554

BOE GOV. BAILEY: IT'S CRITICAL TO WATCH FOR SIGNS THAT THE CONSTRAINT ON REAL SALARIES IS LOWERING CONSUMER SPENDING.

— FinancialJuice (@financialjuice) February 3, 2022

German 2-year yields inching higher to the least negative since 2016. pic.twitter.com/DZDUxwa1lQ

— Lisa Abramowicz (@lisaabramowicz1) February 3, 2022

🌎 The market value of negative-yielding #debt has plummeted more than 40% since November to $7.8 trillion, a mere $120 billion or so above the low it hit on March 19, 2020 – Bloomberg pic.twitter.com/pHoAt0N2ZG

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) February 3, 2022

ECB QT schedule via BBG pic.twitter.com/FQo3bItlzb

— zerohedge (@zerohedge) February 3, 2022