US Treasury Secretary Steven Mnuchin speaks during a briefing with the press in Buenos Aires on July 21. Photo: AFP
Tai Hui
Opinion

Opinion

Macroscope by Tai Hui

US economic indicators are blaring, but is it an alarm clock or a fire alarm?

Tai Hui says that based on US Treasury yield curves, bond investors are more optimistic about near-term prospects than the long term. So does that mean it’s time to dump risky assets? Not exactly, but it’s a good idea to review your portfolio

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US Treasury Secretary Steven Mnuchin speaks during a briefing with the press in Buenos Aires on July 21. Photo: AFP
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