U.S. yield curve inverts further, 30-year yields hit new record low

FAN Editor
FILE PHOTO - Traders work on the floor of the New York Stock Exchange shortly after the closing bell in New York
FILE PHOTO – Traders work on the floor of the New York Stock Exchange shortly after the closing bell in New York, U.S., August 23, 2019. REUTERS/Lucas Jackson

August 28, 2019

LONDON (Reuters) – A key part of the U.S. yield curve, a closely-followed recession indicator, inverted further on Wednesday while 30-year Treasury yields fell to a few record low on growing concern about the fallout from a bitter global trade conflict.

The premium on two-year Treasury yields over 10-year yields <US2US10=TWEB> was at 6.2 basis points, a level not seen since 2007, according to Tradeweb data.

The U.S. 30-year Treasury yield fell to a record low of 1.906% <US30YT=RR> and was last down 6 basis points on the day.

(Reporting by Dhara Ranasinghe; Editing by Tommy Wilkes)

Free America Network Articles

Leave a Reply

Next Post

MLB roundup: Yankees’ Judge third fastest to 100 HRs

Aug 27, 2019; Seattle, WA, USA; New York Yankees starting pitcher Masahiro Tanaka (19) makes the number 10 with his hands for a photo following a 7-0 victory against the Seattle Mariners at T-Mobile Park. The victory was his 10th of the season. Mandatory Credit: Joe Nicholson-USA TODAY Sports August […]

You May Like