New Overnight Developments Abroad - Daily Update
Yield Curve Inversion Amplifies Recession Fears and Flight to Safe Assets
August 14, 2019
The 2-year Treasury note yield edged marginally above the 10-year yield for the first time in 14-1/2 years. This and a similar yield curve inversion in the U.K. happened as investors selectively fixated on weak data while ignoring some better-than-expected statistics, causing share prices to drop sharply in Europe and the United States. Losses amount […] More
