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Steeper JGB curves can spill over to higher global yields
The Fed doesn’t want to cause a recession if it can avoid it. We believe they will be in a position to cut interest rates from June
ECB officials more vocal about summer cuts with potential spread widening of 2y UST-Schatz yields
Rates continued to move higher as Tuesday's core CPI reading reverberates
By Padhraic Garvey, CFA