What’s the Significance of this Yield Curve Business?

Yesterday, the news that drove markets lower was that longer-term 10-year rates traded below shorter-term 2-year rates. Yield curve inversion is recognized economically to be a strong recessionary indicator. For the past 50 years, a 2-10 yield curve inversion has ‘accurately predicted’ a coming recession. This comes at a bad time for the stock market, […]