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Jeffrey P. Snider

@JeffSnider_AIP

As pound, CNY, INR, etc, were pounded, German curve unprecedented. It got way worse today: 10s30s now 16 bps ugly. SIXTEEN! Germany's curve isn't ever supposed to be anything but boring, uninteresting. Exciting and unparalleled are bad things here. youtu.be/9-iLIjjLPwc