• Bond yields are on a path lower as recessions risks rise: Strategist

    24 days ago - By CNBC

    The Federal Reserve's increasingly risk-conscious stance puts bond yields on a course lower, and not necessarily for good reason, says Bank of America Merrill Lynch's Mark Cabana.
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  • Not all yield curves are created equal. Here's the one Bank of America says to watch most closely for signs of the next recession

    Not all yield curves are created equal. Here's the one Bank of America says to watch most closely for signs of the next recession

    24 days ago - By Business Insider

    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.
    If the Fed continues to ease, this could push this part of the yield curve back into positive territory, Bank of America said.
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