Markets slide as Germany faces recession, and US and UK yield curves invert – business live

Investors are alarmed to see longer-dated UK and US bonds trading at lower interest rates than shorter alternatives, a possible sign of recessionLatest: Dow Jones falls 400+ points in early tradingNEWSFLASH: US yield curve inverts in ‘flashing light’ warningUK yield curve has also inverted – a worrying signAnalyst: Why yield curve inversion could herald recessionEarlier:Breaking: German GDP shrank 0.1% in April-JuneEconomists: Berlin should boost spending 2.59pm BST Newsflash: Donald Trump’s trade advisor has declared that the slump in US bond yields proves that American interest rates should be cut.Peter Navarro told also Fox News that the “biggest problem” which America is currently fighting is the Federal Reserve’s interest rate policy.WHITE HOUSE ADVISER NAVARRO SAYS FALLING BOND YIELDS IS ANOTHER SIGN THAT U.S. FED SHOULD CUT INTEREST RATESA fighter and champion, GREAT! https://t.co/8LoTrb6Pdc 2.44pm BST Newsflash: Stocks are sliding at the start of trading in New York, as investors fear than an American recession could be loomingIn early trading…. Continue reading…
Via: Markets slide as Germany faces recession, and US and UK yield curves invert – business live