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TRQ - Dr. Copper Says Recession But Here Are Some Companies Still Worth Following
Turquoise Hill Resources Ltd.
With all this talk about trade wars, tariffs, currency manipulation, etc., something interesting took place most recently when the 2-year note and 10-year note (momentarily) inverted.
Shortly after, Treasury bond yields fell sharply, with the 30-year breaking below 2% for the first time ever, and the 10-year falling to below 1.5%.
The historic drop in long-term U.S. bond yields comes shortly after interest rates on the closely watched 10-year and 2-year Treasurys inverted. The inversion of this key part of the yield curve