16/10/18

Chris Wood: The Biggest Risk To The World Economy Is Not What You Think



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Chris Wood: The Biggest Risk To The World Economy Is Not What You Think
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Authored by Chris Wood via Grizzle.com,

There have recently been some dramatic moves in America's bond market where the US Treasury bond market broke through a 37-year trend line on the upside in yield terms when the 10-year Treasury bond yield rose above the 3% level (see following chart). It is now 3.16%.

US 10-YEAR TREASURY BOND YIELD (LOG SCALE)

Source: Bloomberg

The ostensible trigger for the ....

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