Instead of measuring which yield curve inversions precede recessions, Bank of America watches for curves that predict future GDP growth.
Strategists at the Bank of America Merrill Lynch argue that the slope at the front end of the yield curve is the most important area to watch. They say this is because it does a solid job of indicating future GDP growth. The strategists' key measure is the spread between the three-month Treasury rate one year forward and the spot three-month rate, which has been inverted since March.
Strategists at the Bank of America Merrill Lynch argue that the slope at the front end of the yield curve is the most important area to watch. They say this is because it does a solid job of indicating future GDP growth. The strategists' key measure is the spread between the three-month Treasury rate one year forward and the spot three-month rate, which has been inverted since March.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Jewelry Company Alex And Ani Drops Gender Discrimination Lawsuit Against Bank Of AmericaThough Alex and Ani's lawsuit sought $1.1 billion in damages, Bank of America made no payment to the jewelry company after its dismissal.
Lire la suite »
Jools Oliver heads to Paris for the bank holiday weekend and celebrates with a BEAUTIFUL photoThe Olivers are ringing in the bank holiday weekend with a trip to Paris and it looks so beautiful!
Lire la suite »
Homemade bomb kills teen in occupied West BankAn Israeli teenager was killed and her father and brother were injured by a bomb blast blamed on Palestinians near a settlement in the occupied West Bank, Israeli officials said.
Lire la suite »
Things to do in London this August bank holiday weekendThings to do this weekend in London from 23 to 26 August - all your weekend plans sorted in the capital
Lire la suite »
The cooking kit you need this bank holiday weekendA delicious way to add flavour to your summer meals
Lire la suite »
Israeli Teenager Killed in West Bank BombingAn Israeli teenager was killed in a bombing at a natural spring near a central West Bank settlement, an attack that raises already high tensions between Israelis and Palestinians ahead of Israeli elections next month.
Lire la suite »