15May2019 Market Close: Trump Manipulates 190 Point Drop Into +100 Close For DOW. Treasuries Continue Monster Rally, Yield Curve Inverts Again.
Written by Gary
Most U.S. stock indices closed up for the second day in a row after the president indicated a possible delay in auto tariffs. The dollar continued to strengthen, while gold and oil edged higher. WTI closed in the low 62 handle. Treasuries rose to a new high for the year with the 10-year yield closing at 2.375%, with inversion of 3-months vs 10-year yield curve.
Source: http://econintersect.com/pages/market/market.php?post=201905151542
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