A note from BCA is doing the rounds and it highlights a dramatic recent drop in some measures of Eurozone inflation expectations. German bund yields falling below 1.00% are a major warning sign but breakevens even more dramatically illustrate the risks.
Time for Draghi to hit the panic button?
Maybe everyone is focused on the wrong speaker Friday at Jackson Hole? He speaks at 1830 GMT then the ECB meeting is on Sept 4.
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