(Bloomberg) — If 2019 was the year the yield curve went mainstream, with an inversion sending a stark recession warning, then 2020 is already shaping up as a welcome return to normality.Nobody is willing to call the all-clear on the global economy yet given a trade deal between the U.S. and China is still to be reached. Even so, the prospect of longer-term yields stretching their premium over shorter maturities is among the top trade ideas for next year on Wall Street, drawing money from the likes of BlackRock Inc., Penn Mutual Asset Management and Aviva Investors.“The curve, from two- …read more
Source:: Yahoo Finance
