U.S. bond markets extended their slide on Friday, as investors continued to reevaluate the recession risk. | Image: AFP PHOTO / Stan HONDA U.S. government debt yields continued to rise on Friday, booking their biggest weekly gain in three years on better than expected data, China trade progress and looser monetary policy. Treasury Yields Extend…
The bond market flashed a classic recession signal on Wednesday, but let’s look beyond the panic at the numbers. Source: ShutterstockBy CCN Markets: The Dow Jones fell 800 points on Wednesday, as a major recession indicator – the yield curve inversion – clicked on, spooking investors.Yet this recession indicator isn’t always correct, and the S&P…
Former Fed Chair Janet Yellen is not convinced that the inverted yield curve is signaling a recession this time around, but fear won out. | Source: REUTERS/Jonathan ErnstBy CCN Markets: While Jerome Powell remains in the hot seat, a former Fed Chair insists that things are not that bad from where she sits. Janet Yellen,…
