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BILS - Rates Spark: So What Pedigree Of Dove Are You?
SPDR Bloomberg Barclays 3-12 Month T-Bill
Chair Powell glitched just a tad yesterday, but the accomodative promise remains resolute.
The BoE is on a not too dissimilar wavelength, while the ECB is just a bit... well, stuck.
All doves, but different types. The ECB needs to be a true dove. The Fed probably does not have to be, but chooses to portray itself as one. The BoE, next up, could morph - let’s see.