The yield curve for US bonds is down for the second session

Union

Fears of impending recession put pressure on global equities and move towards paradise

Capitals (Reuters)

The yield curve for US bonds tumbled for a second consecutive session yesterday.
The reversal of the yield curve, which historically indicates an impending recession, has caused a strong rush to safe haven badets.
Fears of a global recession dominated global financial markets as stocks fell to their lowest level in more than two years yesterday as European and US markets experienced strong fluctuations.
Economic data from China and Germany reveal the weakness of the global economy, affected by the worsening of the trade war between China and the United States, the secession of Great Britain and the United States. Britain vis-à-vis the EU and geopolitical tensions.
Japan 's Nikkei fell to its lowest level in nine days on Thursday as fears of a return to global recession pushed the yen and gold to buy.
The Nikkei <.N225> was down 1.21 percent to 20,405.65.
During the session, the index hit 20184.85 points, the lowest level since August 6.
The German DAX moderated its declines and was characterized by high volatility, while US equity futures experienced a fluctuation before opening and slightly opened up, in light of local economic data.
The price of gold fell yesterday, investors having sold the yellow metal for profit, after rising about 1% in the previous session, thanks to the purchases of safe haven badets, fearing that a historic decline in long-term US Treasury yields will trigger a global recession.
At 7:32 am GMT, spot gold was down 0.2% to $ 1,512.45 an ounce. US gold futures dropped 0.3% to $ 1,523.
"We are witnessing a movement for security," said Benjamin Low, an badyst at Philip Futures.