Breitbart Business Digest: Will the Bond Market Preempt the Fed’s Next Hike?

tells us that God is brought to laughter by the conspiracies and plots of nations and kings to cast asunder the divine order, which they see as burdensome bonds and cords. This is nicely summed up in a timed-honored Yiddish saying:selloff in Treasuries and rise in yields

The yield on shorter-term debt climbed as well but not at anywhere near the pace of the long end of the curve. Two-year Treasury yields rose from 5.12 on September 20 to 5.15 on October 3.. The yield curve is still inverted, of course, but much less so than it had been when the Fed concluded its last meeting. In a matter of just a few weeks, the yield curve’s inversion contracted by 43 basis points. That’s a steepening of 55 percent.

. Perhaps that is what is happening now. The economy defied expectations of a recession in the first half of the year and grew 2.1 percent. It is now growing even faster, even if the Atlanta Fed’s GDPNow estimate of 5.1 percent probably overstates things by a point or two.an analyst who says it makes a difference that the steepening is occurring when the curve is already inverted.Jonas Goltermann

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Breitbart Business Digest: Fallout from Hamas Attack Will Fuel InflationSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
مصدر: BreitbartNews - 🏆 610. / 51 اقرأ أكثر »

Breitbart Business Digest: Actually, the September Jobs Number Was Really StrongSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
مصدر: BreitbartNews - 🏆 610. / 51 اقرأ أكثر »

As Covid testing business drops, Abbott searches for new line of business with consumer wearablesAbbott is working to bring a new glucose-tracking wearable called Lingo to U.S. consumers next year
مصدر: NBCDFW - 🏆 288. / 63 اقرأ أكثر »

Business Highlights: The long-awaited Amazon antitrust lawsuit, Taylor Swift's blockbuster tourBusiness Highlights: A summary of the day’s top stories in the business world.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »