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US treasury yield curve turns flattest in a decade

The yield gap between the US 10-year yield and the 2-year yield, also referred to as the yield curve, has narrowed to 67.4 basis points; the lowest since Oct. 31, 2006.

A flatter yield curve usually represents falling long-term inflation expectations or rising short-term rate hike bets. Analysts also consider it as an advance indicator of economic recession.

Reuters report says, the tighter the spread is the result of low domestic inflation.

US Pres Trump: ‘There can be no more important subject than China-US relations’

Comments from the US President Trump crossed the wires last minutes, via Reuters, following his meeting with the Chinese President Xi. Key Quotes: “
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USD/JPY retreat from 6-month high, Vols rise

The USD/JPY one-month 25 delta risk reversals fell from the 6-month high of -0.70 to -0.80 yesterday, while the one-month at the money option volatili
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