Market Overview Analysis by James Picerno covering: United States 3-Month, United States 10-Year. Read James Picerno's latest article on Investing.com
The Bureau of Economic Analysis looks set to report on Thursday, Oct. 26, that US economic output rose 3.8%, based on the median estimate. If correct, the gain will mark a strong improvement over Q2’s 2.1% increase.The inverted Treasury yield curve, however, implies that recession risk is still lurking. Economist Campbell Harvey, a professor at Duke, says thatbill.
Markets have been drowning in a sea of negatives in recent months. Between a torrent rise in yields, partially driven by a runaway US deficit, a multi-month rally in the US dollar,...
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