Implications of the largest US Treasury curve inversion since 2000: The Global Markets FX Week Ahead Podcast

With EUR/USD breaching parity this week and the Fed expected to maintain its hawkish stance given stubbornly high inflation, the 2s10s US Treasury curve has inverted further. This week Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, discusses with Michael Owen, Head of Global Client Desk EMEA, the implications for the US dollar in periods of curve inversion.

Derek also looks ahead to the ECB meeting next week and addresses a client question on the possibility of the G20 turning its attention to curtailing US dollar strength.

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