U.S. yield curve inverts further, 30-year yields hit new record low
Reuters
Published Aug 28, 2019 03:35AM ET
Updated Aug 28, 2019 05:27AM ET
LONDON (Reuters) - A key part of the U.S. yield curve, a closely-followed recession indicator, inverted further on Wednesday while 30-year Treasury yields fell to a few record low on growing concern about the fallout from a bitter global trade conflict.
The premium on two-year Treasury yields over 10-year yields was at 6.2 basis points, a level not seen since 2007, according to Tradeweb data.
The U.S. 30-year Treasury yield fell to a record low of 1.906% (US30YT=RR) and was last down 6 basis points on the day.
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Written By: Reuters
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