Yields on 2-year Treasuries are now the lowest since September 2017. pic.twitter.com/GidoipwaVK
— Lisa Abramowicz (@lisaabramowicz1) January 31, 2020
30-Year: 1.9996% pic.twitter.com/lDeqXZnxoN
— Eric Basmajian (@EPBResearch) January 31, 2020
In today's GDP report, the growth rate in real personal consumption + private investment slowed sharply.
The core of the US economy posted the weakest rate of y/y growth since 2016 and the third-worst reading since 2010.
The bond market priced-in this slowdown in growth. pic.twitter.com/SePJL4rC4I
— Eric Basmajian (@EPBResearch) January 30, 2020
It looks even worse in nominal dollars. pic.twitter.com/n8G8avaSmJ
— Eric Basmajian (@EPBResearch) January 31, 2020
Oh my https://t.co/1RCXLfxBmL
— PlungeProtectionTeam (@gamesblazer06) January 31, 2020