U.S. 30-Year Yield Falls to Record Low and Curve Warns of Recession
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U.S. 30-year yields fell to their lowest level ever as investors sought shelter amid a fraught geopolitical backdrop and concern increased about the impact of the escalating global trade war on economic growth.
Meanwhile, the stream of investors into the safest parts of the market has triggered yet another recession warning, driving the 10-year Treasury yield below the two-year one.