US Economy Slowing Slipping into Recession, But Not There Yet :: The Market Oracle ::
US Economy Slowing Slipping into Recession, But Not There Yet :: The Market Oracle ::
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US Economy Slowing Slipping into Recession, But Not There Yet :: The Market Oracle ::
Market Overview Analysis by Michael Pento covering: XAU/USD, Dow Jones Industrial Average, US Small Cap 2000, Target Corporation. Read Michael Pento's latest article on Investing.com
The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for those that believed they could borrow and print with impunity has arrived. From the U.S., to Europe and across Asia, February witnessed the biggest surge in borrowing costs in years. Thursday, February 25, 2021, was the worst 7-year Note Treasury auction in history. According to Reuters, the auction for $62 billion of 7-year notes by the U.S. Treasury witnessed demand that was the weakes...
The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for .03/10/2021 19:37:34PM EST.