Yield curve suggests imminent US recession ...News

An important indicator from the bond market is flashing red, according to the Wall Street Journal The spread between yields on the three-month US Treasury bill and the benchmark 10-year note has started going negative this week, signaling near-term recession risks, the Wall Street Journal has reported. According to the publication on Wednesday, the spread between the rates inverted several times since Tuesday’s trading session. It finished the Wednesday session below zero for the first time since March 2, 2020, during the onset of the coronavirus pandemic. On Thursday, the spread ended the trading day at minus 11

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