The yield on the 10-year Treasury note fell below the yield on the 2-year note early Wednesday, marking an inversion of the most widely followed measure of...
The yield on the 10-year Treasury note TMUBMUSD10Y, -4.75% fell below the yield on the 2-year note TMUBMUSD02Y, -2.92% early Wednesday, marking an inversion of the most widely followed measure of the yield curve for the first time since 2007. The 10-year yield was down 5.9 basis points at 1.6174%, while the 2-year yield fell 4.1 basis points to 1.6278%. A yield-curve inversion is viewed as a reliable recession precursor.
See Full Story The U.S. Treasury 2-10 year yield curve inverted and that means stocks are on ‘borrowed time,’ says BAML The 2-year/10-year spread inverted, and that’s worrying some investors.
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