VIDEO: The thing the bond market most feared is beginning to happen
As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by CNBC:
The bond market sees storm clouds on the horizon, despite the trade ceasefire between President Donald Trump and China.
But not all strategists agree with the dire warnings, though they do note some unusual behavior.
The article goes on to state the following:
On Monday, the difference between the 10-year Treasury yield, at 2.97 percent, and the 2-year yield, at 2.82 percent, dramatically narrowed by 5 basis points, the biggest one day move since late March. On Tuesday, the gap narrowed even more to as little as 13 basis points as the 10-year hit 2.95 percent.
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