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BREAKING: Interest Rates Just Made a Crisis-Level Move
Manage episode 498424897 series 2679639
Huge moves at the front part of the interest rate curve. Bills did something we haven't seen since April. Meanwhile, forward rates reacted to Friday's payroll numbers with crisis-level hedging and then held those prices today. Why? Simple: payrolls were the last of it.
Eurodollar University's Money & Macro Analysis
*****
With Monetary Metals, you don’t just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownership
You can learn more here http://www.monetary-metals.com/Snider/
*****
Bloomberg Job Market Healthy Despite ‘Disappointing’ Report, Fed’s Hammack Says
https://www.bloomberg.com/news/articles/2025-08-01/fed-s-hammack-says-job-market-healthy-despite-disappointing-data
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
1175 episodes
Manage episode 498424897 series 2679639
Huge moves at the front part of the interest rate curve. Bills did something we haven't seen since April. Meanwhile, forward rates reacted to Friday's payroll numbers with crisis-level hedging and then held those prices today. Why? Simple: payrolls were the last of it.
Eurodollar University's Money & Macro Analysis
*****
With Monetary Metals, you don’t just hold gold, you earn a real yield on it, paid monthly in physical gold, without ever giving up ownership
You can learn more here http://www.monetary-metals.com/Snider/
*****
Bloomberg Job Market Healthy Despite ‘Disappointing’ Report, Fed’s Hammack Says
https://www.bloomberg.com/news/articles/2025-08-01/fed-s-hammack-says-job-market-healthy-despite-disappointing-data
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
1175 episodes
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