Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. yield curve remains inverted for second day

Published 08/15/2019, 04:25 AM
Updated 08/15/2019, 04:25 AM
© Reuters.  U.S. yield curve remains inverted for second day

LONDON (Reuters) - The U.S. yield curve was inverted for the second straight trading session on Thursday, as investors' concerns that the world's biggest economy could be heading for recession deepened. (US2US10=RR)

Two-year U.S. borrowing costs fell below 10-year costs for the first time since 2007 on Wednesday, and the gap between the two was last at -0.91 basis points on Thursday.

Thirty year U.S. Treasury yields hit a new low of 1.98% (US30YT=RR), having fallen 27 basis points this week, the biggest one-week fall since May 2012.

(This story corrects days in paragraph 2 to Wednesday and Thursday, not Tuesday and Wednesday)

Latest comments

The yield curve is not staying inverted as in past lead up to recession. 6.23 am 2yr 1.518 10yr 1.532. If stays below constantly for months then maybe a recession is possible, otherwise talk is all speculation and fear mongoring.
Markets will rise. Its good opporutunity to buy stocks at lower rates.
keep sipping that koolaid my friend
Next recession even Fed cant help..
A drop is not indeed happening. All economics releases besides the Fed speeches... Are useless
Sell stocks today a drop has begun
no. it not any more there was a big cheat of marketto all the investors on the world, they sold yesterday at bottom and today they buy back higher. Lol
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.