Wednesday, 13 May 2020

US Recession Watch, May 2020 - US Yield Curve Hides the Truth

The Federal Reserve’s extraordinary stimulus efforts have had an understandable impact on the US Treasury yield curve – which has lost some utility.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...