Recession, 10% High Yield Spreads and a Key Points 1½% Fed Funds Rate – Prelude to a Storm?

Recession, 10% High Yield Spreads and a
Key Points 1½% Fed Funds Rate – Prelude to a Storm?
Tough it was that dawn to be an investor, but to be in Treasuries was very heaven…’ (after Wordsworth) ask act@liquidity.com for reports ! pic.twitter.com/7OK5qQfl0B

— CrossBorder Capital/ GLIndexes (@crossbordercap) January 7, 2019

The spread between LIBOR and SHIBOR overnight rates shot up to its highest level since 2008!

Chinese economy falling apart, PBOC easing, Fed still tightening, but the yuan is appreciating? It doesn’t add up. pic.twitter.com/s79mf8OkkT

— Otavio (Tavi) Costa (@TaviCosta) January 7, 2019

https://twitter.com/AndysCycles/status/1082430737867976704

https://twitter.com/OccupyWisdom/status/1082545901049184257

https://twitter.com/DonDraperClone/status/1082396845354168320

What is the #ISM #manufacturing orders index telling you about #job gains ahead? pic.twitter.com/iwdO8vUwGh

— Vimal (@vimalvr) January 7, 2019