Panel 1 Rate curve 5 yr 1 yr -ve June 05-Oct 08 Rates expected to fall Panel 2 They did OCR from July Turned +ve in Oct Now steeper Panel 3 Expectation of Rates rising In that period When though?...
From: http://www.youtube.com/watch?v=xhEowVUwr2w
From: http://www.youtube.com/watch?v=xhEowVUwr2w
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