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LGT Navigator: Recession fears creep in

March 25, 2019

After some disappointing economic data, especially from Europe, investors took cover at the end of last week. Economic worries fueled new fears that the global economy might cloud over. Negative impetus also came from the US bond market: for the first time since the financial crisis, interest rates on ten-year US government bonds fell on Friday below those on three-month money market paper, which many be regarded as a signal of recession.

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