This is the WORST Case Scenario for the Global Economy (dollar up, rates down)
Conventional 'wisdom' says that when US$ interest rates go down the dollar goes down with them. Yet, it hasn't been uncommon to find Treasury yields falling as the dollar's exchange value jumps. When that has happened, nothing good comes from it. We're starting to see what looks to be that scenario setting up right now.
Eurodollar University's Money & Macro Analysis
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Eurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months.
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