# Yen stands tall as US yield curve inversion stokes economic worries

> The yen held near a 2.5-year high as the US two-year and ten-year Treasury yield curve inverted further, a signal of recession risk. Investors cited the US-China trade conflict and Japan's ruling coalition losing its parliamentary majority.

- Date: 2019-08-28 · published 2019-08-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/57808-yen-stands-tall-as-us-yield-curve-inversion-stokes-economic-worries
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Growing recession fears and a stronger safe-haven yen can weigh on dollar-denominated commodities and risk assets, adding downside pressure to feed prices if global demand slows.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-07-24 | [Dollar slump continue on US economic worries, safe-haven yen gains](https://feedsoft.ai/events/52343-dollar-slump-continue-on-us-economic-worries-safe-haven-yen-gains.md) | -0.6% | -1.1% |
| DXY | 2018-12-04 | [Dollar drops as treasury yield curve inversion sparks recession fears](https://feedsoft.ai/events/6926-dollar-drops-as-treasury-yield-curve-inversion-sparks-recession-fears.md) | +0.7% | -0.4% |
| DXY | 2019-10-03 | [Dollar weakens vs yen as US economic worries, trade frictions intensify - The HinduBusinessLine](https://feedsoft.ai/events/56821-dollar-weakens-vs-yen-as-us-economic-worries-trade-frictions-intensify-the.md) | -0.2% | -1.7% |
| DXY | 2024-08-15 | [Latam stocks rise as US growth worries ease; currencies gain - Finance Funds Update](https://feedsoft.ai/events/29084-latam-stocks-rise-as-us-growth-worries-ease-currencies-gain-finance-funds-update.md) | -0.5% | +0.0% |
| DXY | 2024-07-26 | [Dollar treads water after tame US inflation report, yen rally stalls](https://feedsoft.ai/events/29456-dollar-treads-water-after-tame-us-inflation-report-yen-rally-stalls.md) | +0.3% | -0.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/08/28/forex-markets-us-treasurys-dollar-us-china-trade-war-in-focus.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.