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Yield curve

  • Saturday, 21 September, 2024
    On Wall StreetJennifer Hughes
    What is the yield curve really telling us about the odds of recession?

    Believers in predictive power of so-called inversion in bond markets still think it augurs downturn

    Unemployed man with sign on road in Philadelphia in 1980
  • Thursday, 5 September, 2024
    US interest rates
    Shift in US bond yields leaves investors guessing about economic outlook

    Yield on two-year Treasury falls below 10-year counterpart as inversion in closely watched indicator ends

    A partial view of the US Federal Reserve building in Washington, DC
  • Friday, 15 March, 2024
    A new fauxcession record

    The inversion will continue until morale deteriorates

  • Thursday, 8 February, 2024
    The *real* yield curve has just inverted

    “Real” meaning inflation-adjusted, or the one that actually matters? Both.

  • Saturday, 20 January, 2024
    On Wall StreetJennifer Hughes
    Yield curve adds to mystery over US economy

    Soft landing hopes clash with bond market’s recession-forecasting reputation

    The Federal Reserve building
  • Friday, 6 October, 2023
    US interest rates
    R* Wars — A New Hope?

    Treasury yields are getting wrecked and we suppose that could be good

  • Thursday, 7 September, 2023
    Markets InsightEllen Carr
    Current corporate bond investing defies the usual playbook

    Since the inversion of the Treasury yield curve, investors have faced a dilemma

    A blurred shot of a woman walking past the United States Department of the Treasury building in Washington, United States
  • Thursday, 22 June, 2023
    Treasury investors bet on US falling into recession

    Yield-curve inversion suggests high chance of economic downturn but riskier assets remain buoyant

    Montage of US Treasury buildig, Fed logo and chart
  • Thursday, 9 February, 2023
    Global Economy
    How steep is your curve?

    We're living in a world of fools, breaking us down, when they all should let R* be higher by 150-200bp

  • Thursday, 8 December, 2022
    Bond market points to Fed standing firm in battle against inflation

    US yield curve is at its most inverted since 1981 in sign investors see recession on horizon

    The Federal Reserve building in Washington
  • Monday, 25 July, 2022
    Chinese economy
    Inverted yield curve in China savings rates signals sustained economic slowdown

    Lack of lending opportunities points to prolonged weakness in growth, warn bank officials

    A man walks outside a branch of the ICBC bank in Beijing
  • Sunday, 10 April, 2022
    US equities
    Inverted US yield curve is not always gloomy for stocks

    Recession worries build but equities seen as having staying power

    A trader works on the floor of the New York Stock Exchange
  • Wednesday, 6 April, 2022
    US Treasury bonds
    An inverted yield curve: why investors are watching closely
  • Tuesday, 29 March, 2022
    Equities
    Global shares rally as traders focus on Russia-Ukraine peace talks

    Euro jumps after Moscow says it will scale back military activities near Kyiv

    Journalists and camera crews gather in Istanbul
  • Tuesday, 29 March, 2022
    US yield curve inverts in possible recession signal

    Two-year Treasury yields rise above those of the 10-year for first time since August 2019

    Investors argue the inversion may not be as reliable a recession indicator this time round because the Fed’s massive bond purchases during the coronavirus crisis have distorted the yield curve
  • Monday, 28 March, 2022
    LexUS Treasury bonds
    US bonds: don’t fret about inversion yet Premium content

    Quantitative easing has left the long end of the yield curve artificially low

    A trader at the New York Stock Exchange
  • Tuesday, 22 March, 2022
    UnhedgedRobert Armstrong
    The yield curve might be wrong Premium content

    And we better hope so

  • Monday, 14 February, 2022
    Bond market signals concern Fed’s bid to cool inflation will backfire

    Powerful sell-off in short-term Treasuries has caused an ominous ‘flattening’ of the yield curve

    The Federal Reserve building
  • Wednesday, 29 December, 2021
    US Treasury bonds
    Hedge funds bet against market pessimism on US economic outlook

    Some players anticipate steepening yield curve despite it being a trade that inflicted pain this year

    View of the eagle sculpture that stands outside the Federal Reserve building in Washingon DC
  • Tuesday, 2 November, 2021
    UnhedgedRobert Armstrong
    The politics of the yield curve Premium content

    And bubbles are very bad

  • Wednesday, 2 December, 2020
    US Treasury bonds
    US bond yields rise as inflation expectations tick up

    Benchmark S&P 500 equities index edges up 0.2% to new record high

  • Saturday, 17 October, 2020
    FTfm
    Fund managers overhaul portfolios on ‘blue wave’ bet

    Investors are dumping tech stocks for housebuilders and regional banks in anticipation of a Biden victory

  • Tuesday, 6 October, 2020
    US yield curve steepens on possibility of ‘blue wave’ election

    Gap between five- and 30-year Treasury yields at its widest since 2016

  • Thursday, 27 August, 2020
    Yield curve steepens after Fed policy shift

    Sell-off in long-dated Treasuries follows pledge to let US inflation run above 2%

  • Wednesday, 3 June, 2020
    US Treasury bonds
    US yield curve steepens as 30-year Treasury falls from favour

    Traders eye Fed policy shift, ballooning government spending and stabilising economy

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