The entire US yield curve plunged below 1% for the first time ever. Here's why that's a big red flag for investors.
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Investors bought up US government bonds on Monday in response to the growing coronavirus threat and signs of a brutal price war between oil producers.
"It signals the market is worried about a global recession and aggressive monetary easing by the Fed," one analyst told Business Insider. Moreover, the fact that investors are willing to buy bonds offering record-low yields underlines how worried they are about a global slowdown and a widescale sell-off of higher-risk assets.infected more than 110,000 people
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