Menu Close
Posted in Other Guys

US Q1 ’16 GDP Forecast Drops To 0.6% (After 1.4% In Q4 ’15) – 10Y Treasury Yield Slips

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Not only was the US inflation report less than appetizing (1.0% YoY for the GDP Deflator), but now the Atlanta Fed GDPNow forecast models indicates a Q1 GDP print of … 0.6%.

gdpnow-forecast-evolution 0321816

Here is the chart of the GDP deflator at 1.0% YoY.

coredefl

What do we get? Tumbling 10 year Treasury yields.

10yyu032816

WIRP (the implied probability of a Fed rate hike in April)? 6%.

ussyellen
On the good ship, Follypop.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.