Bond Yields and US Industrial Production What's the Story?

In this episode, Johanna Botta discusses how most bond yields still live in negative territory and how closely the world is looking to the U.S. 10-year yield for indications of an economic meltdown. However, she explains why the German 10-year bund yield is also a leading indicator for rates globally, a data point that investors should pay close attention to. Botta moves on to talk about how US industrial production is expected to be dragged down by manufacturing, particularly steel. Finally, she reviews the new reports of the NFIB Small Business Optimum Index.