Treasury yields fall further as rate cut expectations rise
A quiet session for currencies and stocks but, as NAB’s Gavin Friend explains, Treasury yields continue to slide as expectations for an imminent rate cut mount.
Day: 30 May 2019
THE TWITTERATI
The floating of currencies has created a massive forex industry. @ProfSteveKeen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it ignored Keyne’s idea of the Bancor. https://t.co/NJDPcI33JI