September 19, 2024

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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin SlideEquities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown. Meanwhile, the 10-2 year Treasury yield spread has […]