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