Yesterday’s lacklustre US ISM services PMI and ADP employment data for June increases the odds of a further US Treasury yield curve un-inversion. A further un-inversion above -0.08% on the US Treasury yield spread between 10-year & 2-year may trigger a bull steepening scenario. A potential bull steepening in the US Treasury yield curve may […]
The post US DJIA: UST Yield Curve Un-inversion May Help the Laggard to Catch Up appeared first on Action Forex.
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The Canadian dollar collapsed by more than 1.4% against the US dollar after Trump threatened to impose new 25% tariffs on goods from Mexico and Canada and to increase tariffs on China by 10% immediately Read more…