treasury notes: Elsewhere in Asia, China's Shanghai Composite Index finished up 0.3% and Hong Kong's Hang Seng was up 0.8%, while markets in Europe also showed small gains in early trading after sharp declines on Wednesday.U.S. market futures pointed to slight gains Thursday, rebounding from Wednesday's trading that sent the Dow Jones Industrial Average, Standard and Poors 500 and Nasdaq all down 3%. Yield-curve inversion Analysts pointed to weak German and Chinese economic data as warning signs of a possible world economic slowdown, according to The Independent. But most importantly, the analysts pointed to a so-called yield curve inversion for interest rates on two- and 10-year U.S. Treasury notes. Tokyo's Nikkei index closed down 1.2% Thursday. Typically, interest rates on government bonds held for a long time are higher than those held for shorter periods. It was the first time such an interest rate inversion had occurred since 2007, at the start of the U.S. recession that was the country's worst economic downturn since the Great Depression of the 1930s. But the reverse was in effect Wednesday, and the analysts see it as a sign that investors have worries about the immediate state of the U.S. economy.
(news.financializer.com). As
reported in the news.
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