Shares fall steeply in Asia as financial markets rocked by recession warnings – business live

Markets slide across the Asia-Pacific region after the inverted
US bond yield curve sent alarm bells ringing around the world

7.59am BST

Recession fears are also driving investors into German
government debt – another safe haven (even though Germany may be
sliding into recession).

The yield on German 30-year bonds has fallen below minus 0.2%
for the first time ever.

7.50am BST

Morning all. City traders are bracing for another
volatile session, after European stock markets hit their lowest
levels in six months yesterday.

Alarmingly, the US yield curve is inverting again this morning,
suggesting investors are worried that a recession is looming.

US yield curve remains inverted for the
second day….

US government still letting people store
their money with the world’s most powerful institution for 30yrs,
for free in real terms! Unbelievable deal. pic.twitter.com/ldMMLITeMH

Source: FS – All-News2-Economy
Shares fall steeply in Asia as financial markets rocked by recession warnings – business live