The spread between the yields on the US 10-year and two-year Treasuries dropped to lowest in three months, renewing curve inversions fears. The Fed kept rates unchanged as expected but surprised markets by signaling no rate hikes in 2019, triggering a rally in treasuries. Both shorter and longer duration yields fell with the 10-year yield falling 10 basis points to lows near 2.5 percent – a level last seen in January 2018. The two-year yield also fell nine basis points to 2.386 percent and was last seen trading at 2.4 percent. The curve or the spread between the two narrowed to 12 basis points, the lowest level since Dec. 21. Put simply, the curve is now just 12 basis points short of inversion (or turning negative). A curve inversion is widely considered an advance indicator of recession. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNH Technical Analysis: Bullish divergence of RSI seen on 1H chart, corrective bounce ahead FX Street 4 years The spread between the yields on the US 10-year and two-year Treasuries dropped to lowest in three months, renewing curve inversions fears. The Fed kept rates unchanged as expected but surprised markets by signaling no rate hikes in 2019, triggering a rally in treasuries. Both shorter and longer duration yields fell with the 10-year yield falling 10 basis points to lows near 2.5 percent - a level last seen in January 2018. The two-year yield also fell nine basis points to 2.386 percent and was last seen trading at 2.4 percent. The curve or the spread between… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
