The onset of a U.S. recession could take longer than usually thought after key points of the Treasury yield curve invert, as a surge in U.S. short-dated debt issuance has altered the dynamics of the Treasury market and other indicators show an economic downturn is farther off. As the Trump administration ramps up debt sales to cover a budget deficit projected to hit $1 trillion next year, it has crowded the front of the yieldRaw Story
The onset of a U.S. recession could take longer than usually thought after key points of the Treasury yield curve invert, as a surge in U.S. short-dated debt issuance has altered the dynamics of the Treasury market and other indicators show an economic downturn is farther off.U.S.
The alternative ending for last night's Trump-Xi dinner... Chinese stocks soared after the trade truce, but like US, leaked back in the afternoon session with no follow-through... But it was China's currency that really surged - jumping around 1.1% -the biggest daily gain since August... Similar picture in Europe - big gap open and euphoria fades... Is France weighing on sentiment? The elites have gone too far. The costs of the 2008 financial crash have been met by ordinary...Zero Hedge
The dollar fell broadly on Tuesday as U.S. Treasury yields slipped, feeding fears that the Federal Reserve could pause in its rate-hike cycle, while an inversion in part of the yield curve was taken as a red flag for a potential recession.U.S.
Cresset Wealth's Jack Ablin suggests Wall Street is overreacting to the first Treasury yield curve inversion in 10 years.CNBC
JerryRigEverything put the latest iPad Pro through his arduous stress test. Things like scratch resistance were all well and good, but when it came time to apply the bend test the device came apart in his hands. And the issue isn’t unique to him, users on several online forums have...TechSpot
Finding someone to replace Kevin Hart as the Oscars host is turning into a tall order, and not because of offensive tweets -- the real problem is moneywww.tmz.com