Sentences with phrase «of the yield curves of»

The global yield curve is a 12 - month moving average of the yield curves of the 6 countries, each weighted by their GDP.

Very low, so that we witness a one - off shift lower in the whole of the yield curves of the major currencies â $ «not just in Japan.

Not exact matches

«The spread between the 2 - year and 10 - year Treasury is now the tightest it's been since 2007,» said Rob Morgan, chief investment officer at Sethi: «The flattening yield curve in 2007 was a harbinger of the Great Recession of 2008.

And I think you had that back then, and that was a period where you sustained that kind of yield curve with a healthy economy.

Especially since the recent behavior of Japan's key financial market variables (stock indices, the yield curve and the yen's exchange rate) could be seen as a sign of support for reflationary policies.

It is nowhere near an inversion of the yield curve — probably years away.

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchases.

Those rate hikes, they said, are in and of themselves acting to flatten the yield curve.

Since then, longer rates have come closer to being overtaken by short rates, a phenomenon known as yield curve inversion, which has been a reliable precursor of past recessions.

«The yield curve is not nearly as much of a concern as I might have pointed to a couple months ago,» Evans said in Chicago after a speech, in response to a reporter's question.

Others have noted that if the Fed continues raising short - term rates while long - term rates remain stalled, it could turn the shape of the bond yield curve upside down, a typical signal of recession.

Since bottoming below zero (an «inverted» yield curve) back at the beginning of this year, the combination of higher five year yields and BoC rate cuts have sent this yield spread higher.

The drop in yields in the «long end» of the curve this year has raised concerns that in winding down stimulus too soon, the Fed is giving up on its goal of reflating the economy.

But he warned that could be changing: «There's a very low hurdle for that surprise because bond market yields are so low in the front end of the curve.

He gives the first two points — which together represent a flattening of the Treasury yield curve — the most attention.

NEW YORK, Nov 28 - The Federal Reserve faces the challenge of standing by as financial markets «correct» as the central bank trims its asset holdings, U.S. hedge fund manager David Tepper said on Tuesday, adding he was surprised the bond - yield curve was so flat.

«If the Fed continues to raise rates according to our forecast and the term premium does not recover, the yield curve would invert by the end of 2019, potentially as early as June of next year,» they write in a note.

They have about 125 bps of wriggle room at present before they invert the yield curve.

«With our forecast projecting output growth to slow below potential in 2020, the inversion of the yield curve would be a meaningful signal regarding the specter of a looming recession.»

He said the team thinks there aren't enough rate hikes priced into the fixed - income market and therefore he likes the long end of the yield curve, or longer duration bonds.

The outlook warned, however, that it is important to keep an eye on the yield curve — which tracks the movement of both the 10 - year and the two - year treasury yield.

In a note sent out to clients on Thursday, the team of Shahid Ladha and Timothy High wrote there are several factors that point to even higher yields and a steeper yield curve in the US.

The yield curve - the plot of all of the yields on Treasury securities of maturities from four weeks to 30 years - is used as a signal of economic health of the economy.

Richard Bernstein, chief executive of Richard Bernstein Advisors, said he would be a buyer when the yield curve inverts.

But the bank has taken more extreme measures, such as ramping up purchases to more than 40 percent of the market overall and saying it would control the yield curve by keeping the 10 - year government bond yield around 0 percent.

Gundlach said he believes the days of negative interest rates are numbered, and steeper yield curves are in the future.

Bonds due in 2018 and won by BofA were «aggressively» priced with a 1.64 percent yield that narrowed Illinois» spread over Municipal Market Data's benchmark triple - A yield curve to 70 basis points from 100 basis points ahead of the sale, Greg Saulnier, a MMD analyst, said.

The flattening of the yield curve could be exacerbated by Chinese sales of 5 - year Treasury notes.

Though currently bank equity investors are cheering the steepening of yield curves, meanwhile, the 2003 Japan episode should fix regulators» attention on the growing home - bias in government bonds.

While the slope of the yield curve today may point to more modest returns in future years, we believe the bull market still has room to run.

My top three indicators include: a widening of high yield credit spreads; consecutive negative readings in the Chicago Fed National Activity Index; and a negatively sloped, or inverted, yield curve.

While credit spreads and leading indicators appear to be fairly well behaved, many have noted the sinister looking shape of the yield curve, near its flattest level since before the global financial crisis (see the chart below).

San Francisco Fed President John Williams, said the yield - curve inversion was a powerful recession indicator but didn't see signs of it happening soon, and said he backed a gradual rate increase path.

And in fact, the Fed could theoretically control the entire yield curve of US government debt if it merely targeted a rate.

The spread between the two - year note yield and the 10 - year note yield, a widely - watched measure of the yield curve, narrowed to 42.8 basis points, the tightest since September 2007.

Putting the recent market indigestion into context, the positively sloped yield curve offers some comfort by suggesting the selloff may be short - lived and could be an opportunity to take advantage of cheaper valuations.

A flattening yield curve is often a feature of a rising rate environment and can spur worries about an economic slowdown.

A flattening yield curve moving toward an inverted curve traditionally has been seen as a sign of a...

Interest rate risk: is the risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between two rates, in the shape of the yield curve, or in any other interest rate relationship.

Smaller - than - expected announcements of the German current account and trade balance were associated with rising yields at both ends of the yield curve.

The yield curve is the span of rates across the range of Treasury securities of different durations.

Yield Curve: Graph showing the comparative yields of securities in a particular class according to maturity.

One of the best economic indicators, the yield curve or the spread between short and long - term bonds remains in positive territory, with the long - term much higher than the short.

For the time period in question, the federal funds rate was low (by historic standards), leading the Fed to dismiss the yield curve's «prediction» of recession.

Nevertheless, Canada has been able to control inflation and has been a successful inflation targeter since 1991, influencing economic activity and aggregate prices through adjustments in interest rates at the short end of the yield curve.

In contrast, bond market exposure (in the form of yield curve and spread risk) has played a relatively minor role in driving convertible bond risk and return in the recent past and seems likely to play a minor role in the year ahead, based on our model.

In a nutshell, Wright finds that the two factors of yield curve inversion and the federal funds rate may be used together to better predict the likelihood of a recession occurring within a future twelve - month period.

Securities on the long end of the yield curve have longer maturities.

Although the focus on the yield curve has led to fewer bond purchases, the Bank of Japan may have little choice but to continue to inject significant amounts of liquidity into an economy that remains beset by demographic challenges.

They also suggest that the quantitative effects of economic news vary considerably along the yield curve and across markets.