• The Australian dollar remains pressured, undermined by renewed concern surrounding the global economic outlook.
• Weak economic data from the US and Europe on Friday was the catalyst behind the lift in global growth concerns.
• Longer-dated US bond yields are now below shorter-dated yields, a scenario that has often occurred before US recessions in the past

https://www.businessinsider.com.au/fx-currency-aud-australia-dollar-yield-curve-inversion-recession-2019-3