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Showing 61 - 70 of 165 results for "Yield Curve"

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... April from a small 0.1% lift in the previous month. The drop in 10-year Treasury bond yield has again prompted the US yield curve to invert. We all know, and backed-up by history, what this means... a looming US recession. The recession fears we had ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... arrow and/or the BOJ will have to go beyond maintaining its "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" policy.

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... global recession. The Fed's forward guidance of steady rates until the end of the year has turned the slope of the yield curve (yield on 10-year Treasuries less 3-month T-bills) positive after it inverted in late March - a precursor of a US recession. ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... just a month ago that fears of an upcoming US recession was the spook du jour portended by the inversion of the US yield curve. Since then, the yield curve has become positive, the VIX index - or the fear gauge - has come down and now US equities are ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... current interest rate settings and promised to continue with quantitative and qualitative monetary easing (QQE) with yield curve control aiming to achieve the price stability target of 2%. It's optimistic outlook noted that: "Japan's economy ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
... of physics) remain unchanged, no matter how much it's justified that "this time is different", such as the US yield curve. Or more specifically, the inversion of the US yield curve that predicted every US recession since 1955 (the earliest record ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... months) and "we're not there yet" certainly echoes what I penned only three days before Woe to the world when the US yield curve first inverted. To wit: "But fears of a US recession that would take the world with it may be a bit premature. The inversion ...

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... gives? What gave that the yield on 10-year US Treasuries has fallen below the 1-year T-note. Yes, Virginia, the US yield curve has inverted and history shows that this is almost always followed by a US recession. But fears of a US recession that would ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... Monetary policy remains unchanged - "The bank will continue with "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control," aiming to achieve the price stability target of 2%, as long as it is necessary for maintaining that target ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... backdrop, we are modestly underweight local duration as we continue to expect greater levels of volatility across the yield curve as investors adjust expectations around global growth," Stanley says. Pitcher Partners is recommending the use of unconstrained ...