Fed's Barkin, Asked About Yield Curve, Says Could Be Lots Of Reasons For Why It Is Inverted, A Lot Of Economic Signals Have Not Worked So Well This Cycle
Portfolio Pulse from Benzinga Newsdesk
Fed's Barkin commented on the inverted yield curve, suggesting multiple reasons for its current state and noting that many economic signals have not been reliable this cycle.
June 18, 2024 | 2:54 pm
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NEUTRAL IMPACT
Fed's Barkin's comments on the inverted yield curve and unreliable economic signals could create uncertainty in the market, potentially impacting SPY.
Barkin's comments highlight economic uncertainties, which could lead to market volatility. SPY, as an ETF tracking the S&P 500, may experience fluctuations due to this uncertainty.
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