Société Générale's bearish analyst Albert Edwards has said the mounting evidence which suggests inflation has already slid into deflation will result in the US 10-year treasury yields converging with Japan and Germany at around -1%, and the next recession will be deeper than even he previously thought.
Permabear Edwards (pictured) said if one looks at core Consumer Price Index (CPI) inflation then it highlights a "shocking slump" into outright deflation over the past six months. Despite this, however,...
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