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US vs. German yield spread is unceasingly narrowing.
It's an important market signal.
Similar breakdowns from major support lines also occurred right in 2000 & 2007.
This time happened in May.
The Fed and ECB monetary policies tend to converge near the peak of the cycle. pic.twitter.com/TwmvIZ8wUe
— Otavio (Tavi) Costa (@TaviCosta) October 14, 2019
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