Flattening Yields of 2-Year and 10-Year US Treasuries Increases Likelihood of 'Yield Curve Inversion'
Convergence in US bond yields points to recession risk.
Translated by Qiyas from الجريدة — Original source
The General Consulate of the State of Kuwait in Istanbul, Turkey, has urged Kuwaiti nationals residing there to exercise caution and vigilance amid rainy weather conditions.
In a statement issued on Monday, the consulate also advised citizens to avoid areas prone to water accumulation, refrain from unnecessary travel during heavy rainfall, and closely follow warnings and instructions issued by the relevant Turkish authorities.
It emphasized the importance of maintaining contact with the consulate when needed and utilizing its official channels to obtain guidance and information related to weather conditions.
This alert comes as official Turkish forecasts indicate that a wave of heavy rain will continue in Istanbul and the Marmara region, with warnings about its potential impact on traffic and mobility.
