TED Spread almost to the highest since the Great Recession

https://fred.stlouisfed.org/graph/?g=jtn4

 

But hey, don't worry says Boston Fed honcho Rosengren, this economy needs 4 rate hikes in 2018 ! .....

 

Asia’s Dollar Bonds Mark Worst First Quarter Since 1997

https://www.bloomberg.com/news/arti...-asia-dollar-bonds-see-worst-start-since-1997

After Years of Breakneck Growth, Asia Dollar Bonds Slow Down

https://www.google.com/amp/s/www.bl...-breakneck-growth-asia-dollar-bonds-slow-down

Asia and to a lesser extent Europe are screwed.

 

Should be looking at FRA-OIS.

 

Interesting... especially when you take this into account:

https://www.reuters.com/article/deu...sts-of-winding-down-trading-cfo-idUSL8N1RT2MM