19th Ward Chicago: Main yield curve inverts as 2-year yield tops 10-year rate, triggering recession warning

Wednesday, August 14, 2019

Main yield curve inverts as 2-year yield tops 10-year rate, triggering recession warning

PUBLISHED TUE, AUG 13 2019 4:19 AM

Thomas Franck @TOMWFRANCK

KEY POINTS

The yield on the benchmark 10-year Treasury note was at 1.623%, below the 2-year yield at 1.634%.

The last inversion of this part of the yield curve was in December 2005, two years before a recession brought on by the financial crisis hit.

A recession occurs, on average, 22 months following such an inversion, according to Credit Suisse.

2 comments:

Anonymous8/14/2019
Democrats are just trying to destroy Trump’s chances. He is the smartest businessman ever, anywhere.

MAGA
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Anonymous8/14/2019
Democrats have been hoping for this to happen.
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