Bonds have also sold off as the Fed (22 อ่าน)
19 พ.ค. 2565 15:28
has decided to unwind its massive portfolio of Treasuries that it had been purchasing since the pandemic to shore up the economy.As bonds sold off and investors grew more fearful of an economic downturn, the gap between short-term and long-term bond yields has been shrinking. Yields on the two-year Treasury note briefly rose above those on the benchmark 10-year note in March for the first time since September 2019. That so-called yield curve inversion has preceded every recession since 1955, producing a "false positive" just one time, according to the Federal Reserve Bank of San Francisco.
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