Day

March 28, 2019

The yield curve has inverted out to 10 years for the first time this cycle. What can this tell us?

In last week’s post, we reiterated that the global economy is likely to continue declining in 2019.  Portions of the yield curve have become inverted with the 3-month Treasury bill currently yielding 2.44% while the 2-, 5-, and 10-year Treasuries yield 2.19%, 2.15%, and 2.35%, respectively.  This has led to increased discussion and focus on...
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