Tavi Costa: Pay attention to the messages the bond market is conveying

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One thing I've learned in this business is to always pay attention to the messages the bond market is conveying.

Each time we've observed the current level of rate cuts reflected in bond prices, a recession has followed.

The steepening yield curve also points to a likely… pic.twitter.com/Yj6b6MHx6v

— Otavio (Tavi) Costa (@TaviCosta) August 10, 2024

See also California's job market weakens; Nevada faces early labor market recession signs.

See also The current US stock market is in the biggest bubble in history. The entire world economy is at risk. I can't make a bull case here.

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