Bond Yields Are Puking… | ZeroHedge

The 5Y Treasury yield is down 25bps this morning.

Read that again… 25bps!

The entire Treasury curve is re-rating lower as recession risks soar (Manufacturing surveys look ugly this morning)…

And market expectations for Fed hikes are tumbling while subsequent rate-cut expectations are rising…

Mr. Powell, you have a problem!

Read further at ZeroHedge

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