Market focus is largely attuned to global recession worries, with investors closely monitoring developments in U.S.-China trade talks.
Market focus is largely attuned to global recession worries, with investors closely monitoring developments in U.S.-China trade talks and looking for direction on interest rates from central banks., while the U.S. yield curve inverted even further.
The closely watched spread between the 10-year Treasury yield and the 2-year rate briefly fell to negative 6 basis points in the previous session. The move extended losses from earlier in the week, when the spread registered its
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