10 yr yield is at 4.1% after the inventory market rallied about 800 factors. Is not sensible. That is severe doom. What could possibly be? Would possibly the FED not have the ability to management the bond market?
So right here is the place we’re:
2 Yr Treasury Yield: 4.44%
5 Yr Treasury Yield: 4,23%
10 Yr Treasury Yield: 4.02%
30 Yr Treasury Yield : 4.33 %
— Jeffrey Gundlach (@TruthGundlach) October 19, 2022
Bloomberg Economists See 100% Likelihood of a Recession Inside a Yr
America has seen its third quarter of damaging progress and that doesn’t even included core inflation numbers which simply hit a 50 yr document.
In line with the Bloomberg Economics likelihood mannequin, there’s now a 100% probability we’ll see a recession within the subsequent 12 months. The Bloomberg workforce isn’t the one one predicting financial difficulties; many economists have been warning a couple of recession for a number of months. Nevertheless, Bloomberg is uncommon in being so sure. Most different predictions are couched in language of it being a robust chance quite than a 100% risk.
Yield unfold is damaging! 100% recession confirmed
AC
