The yield curve inversion continues, signaling an imminent recession by 2021.
U.S. retail giants lead a Wall Street rally despite a second inversion of a benchmark Treasury yield curve.
Trump refuses to accept blame for causing Wednesday's Wall Street bloodbath and instead blames the U.S. Federal Reserve.
Stocks dropped Wednesday as treasury market sent recession signals.
Carlos Dominguez of Element Pointe Advisors said investors are seeing the end of a bull market cycle even as stocks and Treasury prices -- which typically share an inverse relationship -- trade higher.
Tuesday's near record setting stock market rally shouldn't even have happened, say some Wall Street analysts.
The fears over tightening credit supply are overblown, but it is also a reason for the Fed to pause its policy, the head of U.S. financial markets at Oxford Economics said.
The policy of both jacking up interest rates and pulling a massive amount of liquidity out at the same time is an absurd policy design, said Mike Cosgrove, principal at Econoclast.
Investment strategist Hugh Johnson told International Business Times that the stocks are undervalued and the S&P could close the year higher than current levels.
Analysts polled by International Business Times say the 2-10’s yield curve is not a reliable tool to indicate an upcoming recession, when the economy is doing strong.
The soggy Asian start followed an uninspiring performance overnight on Wall Street where the Dow lost 0.2 percent and the S&P 500 shed 0.1 percent.
"I think it will be a great buying opportunity for U.S. assets, from Treasuries to high-yield 'junk' bonds," Prudential's Gregory Peters said.
Yields on Germany’s 10-year sovereign bonds plunged into negative territory for the first time amid concerns over a potential Brexit.
Polls seem to suggest the probability of Britain leaving Europe is rising, said Tatsushi Maeno, managing director at PineBridge Investments.
Goldman Sachs, JPMorgan and other major lenders reported dampened revenues after a quarter marked by global market volatility.
Sounding the alarm over instability in the bond market, major banks are asking to roll back rules that make markets more transparent.
