U.S. government debt yields were mixed Wednesday morning, as global trade developments offered much-needed relief for markets.
President
said Tuesday that the move was designed to avoid any potential impact on holiday shopping ahead of Christmas season. He added China would very much like to make a trade deal.was approximately 2 basis points away from inversion on Wednesday, a phenomenon heralded by many as a recession indicator. Market participants are now demanding higher interest rates on short-term debt than they are longer term debt, an event known as an "inverted yield curve.
On Tuesday, the spread between the two yields narrowed to just 1 basis point. A basis point is one hundredth of one percent. Investors often give the spread between the 10-year and the 2-year special attention because inversions of that part of the curve have preceded every recession over the past 50 years, albeit it often took months even years before an economic downturn hit.There are no major Treasury auctions scheduled on Wednesday.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US yield curve at flattest level since 2007 amid risk-off sentimentMarket focus is largely attuned to selling in regional markets, after protesters forced Hong Kong's main airport to cancel all flights on Monday.
Leer más »
Asia Pacific stocks set to trade mixed as US announces some tariff delaysStocks in Asia Pacific were set to trade mixed on Wednesday as the U.S. announced a delay in the implementation of tariffs on some Chinese goods.
Leer más »
U.S. aviation regulator bans select MacBook Pro laptops from flightsU.S. Federal Aviation Administration (FAA) has banned certain models of Apple In...
Leer más »
Google, Facebook, Amazon to testify in U.S. against French digital taxAlphabet Inc's Google unit, Facebook Inc and Amazon.com Inc are among the c...
Leer más »
U.S. and Britain discuss trade deal that could take effect on November 1Britain and the United States are discussing a partial trade accord that could t...
Leer más »
Iran warns the U.S. and allies' arms sales could 'blow up' Middle EastIran's foreign minister warned that 'the threats are coming from the U.S. and its Western allies who are pouring weapons in the region.'
Leer más »