NEW YORK (MarketWatch) -- The Treasury yield curve turned completely upside down Friday, pushing the 2-year yield above the yields of both the 10-year and 30-year instruments, intensifying a debate over whether the inversion signals a looming recession.
Any comments?
I believe that non-US purchases of the longer bonds has driven those yields down. The new 30 year bond may also have attracted some of the short term money, driving the 3 mo and 6 mo and two year yields higher.
Tim
Any comments?
I believe that non-US purchases of the longer bonds has driven those yields down. The new 30 year bond may also have attracted some of the short term money, driving the 3 mo and 6 mo and two year yields higher.
Tim
Comment