Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...

Subscribe Log in

Home>GoldWire>Treasuries buying wave triggers first yield curve inversion since 2007

Articles NewsFlow Gold & Silver Prices Market Briefing

In the same category
The Plague of Illusion and Madness Jesse What Sorrow Awaits the Shepherds of Lawlessness Jesse A Carnival of Beasts Jesse Dry Bones Jesse Many, Falling Away Jesse Behold Your Mothers Jesse Pride Changed Angels Into Devils Jesse Black Swans Circling Jesse The Madness and Illusions of the Exceptional Jesse The Overreach of Power and Privilege Jesse

Treasuries buying wave triggers first yield curve inversion since 2007

Chris Powell

GATA

Published : March 23rd, 2019

160 words - Reading time : less than a minute

( 0 vote, 0/5 )

Article

Comments

Comment this article

Rating

All Articles

Send

comment

Our Newsletter...

Disclaimer

Category : GoldWire


	The Treasury yield curve inverted Friday for the first time since the last crisis, triggering the first reliable market signal of an impending recession and rate-cutting cycle. The gap between the three-month and 10-year yields vanished as a surge of buying pushed the latter to a 14-month low of 2.416 percent. Inversion is considered a reliable harbinger of recession in the U.S. within roughly the next 18 months. Demand for government bonds gained momentum Wednesday when U.S. central bank policy makers lowered both their growth projections and their interest-rate outlook. Most officials now envisage no hikes this year, down from a median call of two at the December Fed meeting. Traders took that dovish shift as their cue to dig into positions for a Fed easing cycle, pricing in a cut by the end of 2020 and a one-in-two chance of a reduction as soon as this year. ... ... For the remainder of the report: https://www.bloomberg.com/news/articles/2019-...ury-yield-cu... *** * ***

Rate :

Average note :0 (0 vote)

Chris Powell 13 abonnés

All his articles

Buy his book

Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

His latest articles

Venezuela's Guaido asks Citibank to freeze gold swap with Ma

02-03-2021

Newmont CEO is unenthusiastic about prospects for gold price

01-03-2021

Website

Subscribe to his services