
Then there was one (turbine)
NAB Morning Call
00:00
Dollyen Ang Rate Against Zero % Japanese Yields
At middle of the last week, this is a us. Ten year treasuries. Middle of last week it was up over three %. Now they are down six to seven basis points across the curve. It's going to be an interesting week, isn't it? Because i not only we got the fed, we've also got g d p for the us. This week as well. So if c two is negative, then that is the technical definition ofa recession. Although janet yellen has been saying, no, we are not in recession, even if the g d p number is negative. Presumably she's saying that because, you know, it's hard to have
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