Bloomberg (March 8)
“When it’s just the yield curve narrowing, or oil jumping, or stocks falling into a correction, maybe you can hold off on panicking over a recession. When all three happen at once, the argument gets stronger that it’s time to take the threat seriously.”
Tags: Argument, Correction, Falling, Jumping, Narrowing, Oil, Panicking, Recession, Serious, Stocks, Stronger, Threat, Yield curve
Financial Times (March 7)
“Bond markets are flashing a warning signal about the growth prospects for the global economy, just as central bankers prepare to tackle soaring inflation with higher interest rates. The gap between long-term and short-term government borrowing rates in big developed economies has narrowed drastically since mid-October.” This flattening of the yield curve might prove “an ominous sign for the durability of the rebound from the Covid-19 pandemic.”
Tags: Pandemic
