Reply To: Traders Market Weekly: Impact of Global Risk Off Deleveraging


Goldman Sachs has lowered its probability of the U.S. suffering a recession to just 15% from 20%. The bad news so to speak is that this good news is contributing to an uptick in market rates.

The 2-yr note yield is unchanged at 4.88% (after hitting 4.93% earlier) but the 10-yr note yield is up four basis points to 4.21%.