RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: 'Things may have to get worse first': Recession clouds are gathering over Europe Fri May 31, 2019 9:48 pm | |
| German bond yields have plunged to historic lows and inflation expectations are collapsing across the eurozone, prompting fears of a gathering recessionary storm.
The benchmark 10-year bund yield dropped to minus 0.18 per cent yesterday and is testing the all-time lows seen during the brief rush to safety after the Brexit referendum. Spanish and Portuguese yields have dropped to record lows.
https://www.smh.com.au/business/markets/recession-clouds-are-gathering-over-europe-20190531-p51t1e.html |
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