Sometimes the problem with a cure is that it takes too long to work. In the case of sagging crude oil market, it appears that it has become daily confirmation that the global economy is slowing down.
30 Year Treasury Bond
Is the US Economic Recovery Faltering?
In retrospect, the sharp slide in physical commodity prices was well deserved, what with global macroeconomic sentiment eroding in the wake of signs of lost momentum in the US recovery, threats of additional sanctions against Russia, and perhaps most importantly, a soaring US Dollar.
US Treasury Bonds and Notes: A Beginner’s Guide
All eyes are on the debt market these days. Volatility in the debt market is forcing investors and traders to shift their assets as the global markets spin out of control. News of Greece defaulting on its bonds, the US raising its debt ceiling, and economic activity in the Far East have traders and investors… Read more.