Investors’ attention shifts to the inversion of the 10y yield curve., adds to the recent gains and retests the 98.65/70 band at the beginning of the week.The index advances for the third session in a row on Monday and puts further distance from last week’s lows in the 97.70 region.
In the US cash markets, the yield curve inverted on Friday and sparked once again some concerns regarding the likeliness that the US economy could enter a recession in the medium term in response to the most likely faster pace of tightening by the Federal Reserve. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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.
Is the US dollar in danger?After nearly 80 years of dollar dominance, the US might be in danger of losing its global reserve currency status. Oh I remember same story about 10yr ago WTF . No mention of this being trumps fault. Truth is Irrelevant. Only The Party's Narrative Matters. Now is the time for Democrats servants in the MSM to do their jobs & blame trump for POTUS mistakes. facts are what DNC says they are. DemocratsDeliver BLUEWAVE2022 POTUS says he's a mainstream Democrat. So we'll take it that every measure and every policy that he has pushed and implemented is of the mainstream Democratic party. Thank you for your candor POTUS
Source: CNN - 🏆 4. / 95 Read more »
Canada to support GM multi-billion-dollar investments in two plantsCanada on Monday will announce its support for General Motors Co's multi-billion-dollar investment in two plants, including one that will produce electric commercial vehicles (EVs), a government source said.
Source: Reuters - 🏆 2. / 97 Read more »
‘Minx’ Stars Jake Johnson and Idara Victor on What’s Behind Their Characters’ Bottom Dollar PartnershipThe stars of the HBO Max series talk to The Hollywood Reporter about the past, present and future of their characters Doug and Tina.
Source: THR - 🏆 411. / 53 Read more »
Dollar General store manager convicted in robbery death of her own employeeDinesha Renee Jackson helped an accomplice rob a Dollar General employee who was carrying... Shock! The system worked.
Source: HoustonChron - 🏆 609. / 51 Read more »
With students in turmoil, US teachers train in mental healthAs Benito Luna-Herrera teaches his 7th grade social studies classes, he is on alert for signs of inner turmoil.
Source: ksatnews - 🏆 442. / 53 Read more »
Large Groups of Volunteers Await Ukrainian Refugees at US-Mexico BorderThe group has been providing food, clothing and counseling to families around the clock.
Source: nbcchicago - 🏆 545. / 51 Read more »