Showing results for "inversion"

markets
Treasury Curve Inversion Deepens as Yields Jump and Then PlungeThe inversion of the Treasury yield curve deepened Wednesday as the market proved volatile once again, with yields surging on the back of increased confidence about the prospect of Federal Reserve hiking interest rates and then tumbling anew before the day was out.August 3, 2022

markets
Asia Central Banks Deploy Foreign Exchange Reserves to Lift CurrenciesAsia’s emerging economies are drawing on their vast foreign exchange reserves to help prop up their ailing currencies against the US dollar rather than going all-out with interest-rate hikes. Meanwhile, the inversion of the Treasury yield curve deepened Wednesday as the market proved volatile once again. Ruth Carson reports on Bloomberg Television. (Source: Bloomberg)August 3, 2022