Yield Curve Control

Page 19

Day After Trump Elected (11/09/2016) The 2016 election of Donald Trump was another surprise that shocked the global financial world. However, market agents’ forces again quickly took advantage of trading opportunities and restored any misalignment. At this point, five currencies are now trading below zero. Nearly all longer-term bonds are below 3%. The parallel term structure using the twospread analysis is intact. The bunching continues.

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