IvyLine Capital Group

UK Chancellor is sacked just after 38 days on the job; CPI & PPI further disappoints investors, indicating that the Fed has further tightening measures to take when it comes to credit conditions.

For a further read, check out our Monday Market Wrap Up commentary...
https://www.ivylinecapital.com/_files/ugd/c29953_e7caaee6f2314f98816ad3433ebaed72.pdf

Today marks the first time in years that the 3 month Treasury Bill just inverted against the 10 year Note. No one knows the outcome but history tells us that there could be further trouble ahead for markets.

*Inverted indicates that the short term rate is higher than the long term rate

Source:
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2022