STI Sideways Amidst Yield Curve Concerns and Global Policy Uncertainty
The Straits Times Index (STI) has moved sideways despite ominous signs of an inverted US Treasury yield curve. Morningstar reports that the 10-year Treasury yield reached its lowest level since late October, causing concern among investors. Markets are now pricing in a 66.3% probability that the Federal Reserve will cut interest rates by at least … Read more