This goes way over my head but if anyone understand what Jeff Snyder means here, I’m all ears👂🏼
https://twitter.com/jeffsnider_aip/status/1635374476090310656?s=46&t=G2MNFDwislGw3SWcnKl2wA
Discussion
Can’t decipher that either
They're going to keep going up as long as Congress is at an impasse over the debt ceiling.
Not positive but I think it’s Europes version of Credit Default swaps which is basically insurance on something defaulting…👀
Credit markets going illiquid?
Took my smooth brain a little while to understand the chart.
With April and May contracts trading lower than June, I think that means the market now thinks there will be a recession very soon with rate cuts.
Thank you Sir! That also what I’m seeeing. I’m still baffled how Jeff correlates Eurodollar futures/LIBOR rates to US CDS though… hopefully he’ll explain further on his podcast this week 🙌🏽
#[2] can you please help us decipher this?