The bond market is sending a scary message of recession, rate cuts and an unending trade war

  • 📰 CNBC
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.

Treasury yields fell sharply, as the futures market priced in higher expectations for fed rate cuts.

Investors rushed into the safety of bonds Thursday and dumped stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Treasury yield dropping about 8 basis points in its biggest one-day move since April 1. At the same, traders in fed funds futures bet on the Fed making two quarter-point rate cuts by the middle of next year and possibly a third in the second half of 2020.

The 10-year yield fell below that of the 1-year for the second time this year. The so-called inverted yield curve has been a reliable sign of a recession if the move is sustained. The U.S. market was also following Europe's bond market. The German bund slipped to a low yield of negative 0.12%, reflecting concerns about the European parliamentary vote.that the Trump administration is prepared to slap tariffs on another $300 billion in Chinese goods, as no new talks are scheduled.

Later, around 3:50 p.m., President Donald Trump said he thinks things will probably happen fast with China.Though vague, that appeared to help lift stocks, while yields moved off lows.

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:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is the outcome of efficient financial management!!!!

Think I’ve might have heard this before from CNBC...

And thank Donnie Trump for that

at 3:14 lerry talks about the 3 month to 10 year curve

Trade Wars are good and easy to win!

The Market is just throwing another HISSY FIT. You can have a good economy and a bad Market. Jobs are plentiful. The Market needs to understand, move your supply chain out of China, or suffer.

No recession yet. 2-10s have not inverted. It’s showing us pumped up growth of 3.2% correcting back to 2% normal growth. Could overshoot to 1.6% for a quarter. That’s a 35-40% drop in growth. Looks like a recession.

The world is going through a trade war

SpeakerPelosi Thank You Nancy for praying for Trump and the American People 🇺🇸

Yikes!

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks plunge as trade fears resurface – five experts weigh in on what to watchThe U.S. stock market slid downward on more U.S.-China trade concerns after more businesses cut ties with Chinese telecommunications giant Huawei. Here's what 5 experts say you should invest in next. Caves. Slid. Like a 737-800 Max from the sky. Boeing
Source: CNBC - 🏆 12. / 72 Read more »

The trade war will be a 'pain' for Apple's earnings, Nomura Instinet says, cutting estimatesNomura Instinet lowered its price target on Apple shares, citing a coming 'trade strain' on the company's earnings. Pain? Figure it out. there goes 10,000% profit margins on their dongle business maybe so but necessary, Go Trump !!
Source: CNBC - 🏆 12. / 72 Read more »

Market is overreacting to trade war 'theater,' Nobel Prize winner Robert Shiller saysHere's why Nobel Prize winner Robert Shiller says tariffs are 'not the end of the world.' (via TradingNation) TradingNation
Source: CNBC - 🏆 12. / 72 Read more »

More active managers are beating the stock market again thanks to the trade war: Goldman SachsMutual funds are having one of their best years since the financial crisis, with 42% of large-cap active mutual funds outperforming their benchmarks so far in 2019, well above the 34% rate averaged during the last decade
Source: MarketWatch - 🏆 3. / 97 Read more »

Trade war and Iran tensions creating a 'very unstable' oil market, Russia minister saysCurrent geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister Alexander Novak told CNBC Sunday. Byrd’z LiNe DeZiNg mobile home park free living for African American VETERAN s in the name of my future company Felons Art/institution and control over restitution start up in complete supervision of our best lawyers fix the illegal tendencies in controlled income and less taboo There needs to be millions and millions of barrels of oil produced daily. It is only a matter of time when disruptions occur. It is currently a stretched elastic band that is aching to break. Potential lag is sobering.
Source: CNBC - 🏆 12. / 72 Read more »