Daily Economic Update

7/14/2020 6:06 am EDT

Namaste. This is your economic update for Tuesday, July 14th 2020. Most near-term indicators show that the US is in recession. Notable exceptions include real retail sales, initial claims, and new orders for non-defense capital goods.

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The U.S. 10-year treasury ended yesterday at 0.64%, down 1 bps from the day prior, and 5 bps lower than a week earlier. The 10-yr/3-mo treasury yield curve was 50 bps, down 2 bps compared to the day prior, and down 5 bps compared to last week.You can check out the current bond rates at Bloomberg.

Please check the list of indicators for more details and come back tomorrow for another update.

What does twitter think about the economy?

We are in the process teaching our AI to analyize these tweets. Our AI's preliminary view is that this twitter user is neutral on the economy