Sell Treasuries on Bet Market Wrong About Fed, Aberdeen Says

World News: . []

Sell Treasuries on Bet Market Wrong About Fed, Aberdeen SaysThe fund manager is shorting U.S. two- and five-year notes on expectations growth in the world’s biggest economy will remain robust, according to Adam McCabe, Singapore-based head of fixed-income for Asia and Australia. Aberdeen’s conviction comes even as Treasury 10-year yields have dropped to the lowest since 2017 and a key part of the yield curve has inverted, signaling the U.S. may be headed for a recession.


Read More: LINK 

Published: .

Search for other references to "sell" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us