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USDU - $10 Trillion In Negative-Yielding Global Debt... And Rising
WisdomTree Bloomberg U.S. Dollar Bullish Fund
With the German 10-yearbundsclosing last week with a yield ofnegative0.03%, talk of yield curve inversion and a global recession is rampant as some short-term interest rates in the U.S. are now drifting above the 10-year Treasury yield. Still, the classic 2-10 spread, or the difference in yield between the 2-year and the 10-year Treasury notes has not inverted yet and – until it does – the jury is still out on the possibility of the present U.S. economic expansion ending.
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