In the United States, the yield curve between three-month notes and 10-year yields was inverted by about five basis points Monday.
The inversion, if it persists, is seen as a reliable indicator that a recession is likely in one to two years. “We’re examining yield curve relationships in an environment where the Fed still has enormous control over the long end of the curve, given how much they own on their balance sheet, and we’re dealing with a very accommodative global policy regime as well,” said Tom Simons, a money market economist at Jefferies in New York.
globeinvestor Sunny Ways my Friends...
globeinvestor WELL THAT'S WHAT YOU GET FOR DEALING WITH 'HUMAN RIGHTS ABUSING!!''DICTATORSHIP!!' COMMUNIST CHINA = SHAFTED!!! Hmm SELL OFF ALL 'HUMAN RIGHTS ABUSING!!' COMMUNIST CHINA GOVT OWNED STOCKS BONDS BUSINESSES ETC!!?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LGT World Women’s Curling Championship: Draw 10 - Canada 5, Scotland 6 (11)Scotland's Sophie Jackson scored one point in an extra 11th end in a win over Canada at the World Women's Curling Championship, which dropped Chelsea Carey's Calgary-based rink into a tie for seventh with Japan at 3-3.
Source: TSN_Sports - 🏆 80. / 51 Read more »
First U.S., now Canada’s yield curve inverts for first time in 12 yearsSignal of growing risk of recession may keep Stephen Poloz on hold for his final 14 months as head of the Bank of Canada
Source: nationalpost - 🏆 10. / 80 Read more »
Former Fed chair Yellen says yield curve may signal need to cut rates, not a recessionThe yield curve inverted on Friday for the first time since mid-2007, a shift that has in the past signalled the risk of recession
Source: globeandmail - 🏆 5. / 92 Read more »
Uh-oh, U.S. Treasury yield curve just inverted for the first time since 2007Inversion is widely considered a reliable harbinger of recession
Source: nationalpost - 🏆 10. / 80 Read more »
Yield curve hits flattest since 2007 after dovish Federal ReserveA narrower spread between the three-month and 10-year yields indicates increased market expectations of a recession
Source: globeandmail - 🏆 5. / 92 Read more »
Fed rate cut seen nearer as yield curves invertStunning about-face has ‘left markets more pessimistic than ever about the U.S. economic outlook’ globeinvestor Let’s hope the fools in Ottawa are paying attention the Canadian economy is headed to recession and Trudeau is busy telling Canadians all is well...
Source: globeandmail - 🏆 5. / 92 Read more »
Weak factory activity in U.S., Europe and Japan dent hopes for a global economic recoveryIn New York, the spread between the three-month U.S. Treasury bill yield and the 10-year note yield narrowed to a 12-year low – a sign of concern among investors about the growth outlook
Source: globeandmail - 🏆 5. / 92 Read more »
First U.S., now Canada shows sign of recession risk for first time in 12 yearsThe inverted yield curve club may keep Stephen Poloz on hold for his final 14 months as head of the Bank of Canada
Source: VancouverSun - 🏆 49. / 61 Read more »