[ad_1] KUALA LUMPUR: The ringgit continued to weaken against the US dollar as the 10-year United States Treasury yield rose to 4.91 per cent — the highest since 2007, suggesting…
Tag: US economic data
Bond vigilantes and inversion anxiety
[ad_1] One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all recessions have inverted yield curves”, is back in the headlines as yields on 10-…