Sharp drop in global bond yields indicates markets expect rough sledding ahead for the global economy Yuan's new 11-1/4 low suggests the decline will continue 30-year T-bond auction to yield near 2.27%
Sharp drop in global bond yields indicates markets expect rough sledding ahead for the global economy -- President Trump's announcement last Thursday of another round of tariffs on Chinese goods triggered new concern about deteriorating global economic conditions. That concern has mainly been displayed by the sharp drop in global bond yields. Global stock markets have also seen weakness, but the stock market declines have been softened by optimism that global central banks are moving fairly quickly to address the anticipated global economic weakness.
Indeed, three central banks just yesterday...To continue, Visit http://ccstrade.com/blog