The inversion of the debt curve is raising hopes for a soft landing of economies
Since the Federal Reserve raised rates by 50 basis points in May, debt maturing in 2024 has been outperforming 5- and 10- year bonds. An idea that is shared by major international bodies such as the OECD, which expects US GDP to advance 8% this year, up from 5.6% in 2021, and 0.5% in 2023.. David Ardura, chief investment officer at Finacces Value, points out that the…
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