Asian stocks tumble after hawkish Powell comments https://ift.tt/O9fJYzk closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations, was at -106 basis points, its deepest since August 1981, according to Refinitiv data. Such an inversion is seen as a reliable recession indicator.
Tuesday, March 7, 2023
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