So much for the yield curve predicting the lefts much wanted RECESSION....

[m.knox]

Dipshits.... Hey, they can always try prayer......

Rates surge with the 10-year Treasury yield jumping the most since Trump’s election

https://www.cnbc.com/2019/11/07/us-treasury-yields-amid-focus-on-us-china-trade-developments.html

• The 10-year yield jumped 15 basis points to 1.96%, the biggest jump since the 20-basis-point move the day after Trump was elected in 2016.
• The yield curve, which inverted over the summer, raising recession fears, steepened to the widest since January.
• The move coincided with a risk-on move by investors out of bonds and into stocks with the S&P 500 jumping to a new record on Thursday.

 

[pawrestlersintn]

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