China Slows As The S&P 500 Goes Into Rally Mode – Investing.com
- Date: 19-Oct-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
China Slows As The S&P 500 Goes Into Rally Mode – Investing.com
Despite China’s economic growth coming to a standstill, with only 0.2% in Q3, the was in rally mode. While stocks grind higher, bond traders are warning of slowing growth in the U.S. ahead. Treasury yields' curves are flattening as the probability for the Fed to increase interest rates rises. Based on the market-implied expectations, traders now think the Fed will raise rates by 25 basis points twice next year.
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