More big trouble in global money system together with US CPI numbers. Major fallout continues.

Just as the interest rate swap market had indicated, big collateral scarcity as 4w Tbill rates yesterday plummeted. Also, Japanese bills for more confirmation. Add those to the US CPI results for March and together they more than equal the end of 'inflation'.

Eurodollar University's Money & Macro Analysis

Austan D. Goolsbee, president and chief executive officer, Federal Reserve Bank of Chicago, on April 11, 2023, at the Economic Club of Chicago Forum Luncheon, in Chicago, IL.
https://www.chicagofed.org/publications/speeches/2023/april-11-economic-club-chicago

IMF April 2023  WEO
https://www.imf.org/en/Publications/WEO/Issues/2023/04/11/world-economic-outlook-april-2023

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