There is a trend coming. In my opinion, this is a dangerous trend, but the end result will determine if this was good for the economies involved.
Central banks are implementing negative interest rate policies (NIRP). Denmark, Switzerland, and Sweden have NIRP for several years. Japan started negative interest rates earlier this year. These policies are geared to fight deflation and “hoarding” of their currencies.
NIR is LITERALLY the death of western civilization.
may God help us.....
This chart tells a different story. This is TED spread - the difference between 3 month Treasury bond rates and 3 months Fed Funds rate. The market is telling the Fed that rates need to rise - been tracking up since December 17, 2015
And for a longer view
No one benefits from this game...it's in a stalemate!
No one benefits....it's a stalemate!