Manufacturing Clears Up Bond Yields

By |2020-01-03T12:28:06-05:00January 3rd, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Yesterday, IHS Markit reported that the manufacturing turnaround its data has been suggesting stalled. After its flash manufacturing PMI had fallen below 50 several times during last summer (only to be revised to slightly above 50 every time the complete survey results were tabulated), beginning in September 2019 the index staged a rebound jumping first to 51.1 in that month. [...]