U.S. bonds continue to flash recession warning signal
Market pros track the spread between longer-duration Treasury yields and shorter-duration yields, with the former typically higher. However, the 2-year Treasury yield climbed 15 basis points to 2.967% on Wednesday, holding above the 10-year. That so-called inversion, particularly if sustained, is often interpreted as a warning sign that the economy may be weakening, and a … Read more