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European selloff highlights resumption of US treasury bear flattening

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European selloff highlights resumption of US treasury bear flattening

Edward Harrison
Oct 24, 2018
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European selloff highlights resumption of US treasury bear flattening

pro.creditwritedowns.com

This morning, US stock futures are pointing to triple-digit losses after declines in Europe and in Asia. And the European indices are at a one-year low. There are quite a number of proximate causes for the weakness. But the overriding fear, as evidenced by the flattening of the US yield curve, is that the global economy is beginning to slow.

Secondary ma…

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