Strategy Note /
Global

Inverted yield curve is positive for commodities

  • The yield curve inverted on on 13 June, but this may not necessarily signal a recession

  • The last three cases of the US 2y Treasury yielding more than the 10y have been positive for commodities

  • Food prices, in particular, are poised for a strong rally

Inverted yield curve is positive for commodities
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
16 June 2022
Published byTellimer Research

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