Information
The numbers: Industrial production fell 0.3% in March, dragged down by a steep drop in utility outpu...
Original sourceEconomic
The article directly addresses economic indicators, influencing TMUBMUSD10Y due to interconnectedness with industrial health.
FAQ
Why Bearish?
The decline in industrial production and negative forecasts may lead to lower yields. Similar historical situations, like the 2019 manufacturing contraction, saw yield drops.
How important is it?
The article directly addresses economic indicators, influencing TMUBMUSD10Y due to interconnectedness with industrial health.
Why Short Term?
Negative industrial production data typically reflects immediate economic concerns impacting Treasury yields. This may influence investor sentiment in the near term, similar to past downturns.