Shadow Fed Chair Waller? By Elwin de Groot, head of macro strategy at Rabobank European bond yields inched up by several basis points whilst equity markets took a breather following the oil-price inspired rebound as the truce between Iran and Israel appeared to hold. Along with a 3bp decline in US Treasury yields, the dollar index slipped to its lowest level in more than three years, as President Trump is considering to announce his pick for the next Fed Chairman earlier than planned. The Wall Street Journal writes this could be already in September or October, so well ahead of… — Continue at ZeroHedge News : Read More
