Former Federal Reserve Chair Alan Greenspan told Bloomberg Tuesday he wouldn't be surprised to see US Treasury bonds hit negative yields, adding that such a move wouldn't be all that significant. "There's no barrier" for the bonds to hit such rates, and"zero has no meaning, besides being a certain level," Greenspan said.
Former Federal Reserve Chair Alan Greenspan told Bloomberg Tuesday he wouldn't be surprised to see US Treasury bonds hit negative yields, adding that such a move wouldn't be all that significant. "There's no barrier" for the bonds to hit such rates, and"zero has no meaning, besides being a certain level," Greenspan said.
Said by a guy who can't tell the difference from a hot air balloon and a party balloon. (Exactly why the AI future is so bright.)
What a line o 💩
Irrational exuberance 😂🤣😂🤣
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Treasury yields mixed as recession signal nears inversionU.S. government debt yields were mixed Wednesday morning, as global trade developments offered much-needed relief for markets. Scare campaigns I don’t think we will have a recession under trump. Though we are 3 years over due for a recession. More American jobs than ever. I don’t understand what everyone is afraid of a trade war. CNBC have become the Doom and Gloom merchants of 21st Century.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Treasury bond curve inverts for first time since 2007 in recession warningThe U.S. Treasury bond yield curve inverted on Wednesday for the first time sinc... Great, our dear leaders tariffs on China should bail us out realDonaldTrump It's the Great Trump Inversion of 2019😱, just before he wins re-election in 2020😬 That was close👌 Trump’s boss Putin will be so happy with him.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. inflation picking up; Fed rate cut still expectedU.S. consumer prices increased broadly in July, but the signs of an acceleration... Just take one look at that ballooning deficit, worsened by the trillion dollar gift Trump gave to rich people. America is headed for a catastrophic recession. Trump and his brain trust's klutzing around the economy is creating a Fed that has to respond out of sync to in an effort to try to keep economy on the rails. This can lead to disasters of unintended consequences forcing the Fed away from its' mandate of inflation/employment.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. consumer inflation outlook declined as Fed weighed rate cuts - surveyConsumers in the United States kept their expectations of inflation restrained i... Yeah what we need is cheaper debt to keep the house of cards upright! That'll definitely work Another cut...yea they are trying hard to prop up the economy before 2020
Source: Reuters - 🏆 2. / 97 Read more »
Morgan Stanley analysts say Fed to cut U.S. rates in SeptemberMorgan Stanley analysts said on Monday that they now expect the U.S. Federal Res... Stand by... Somebody's gonna blow a gasket. No $h1t!
Source: Reuters - 🏆 2. / 97 Read more »
Former U.S. Open champ Kuznetsova added to main drawSvetlana Kuznetsova moved into the main draw of the U.S. Open on Monday after Do...
Source: Reuters - 🏆 2. / 97 Read more »