Economy

progree

(13,081 posts)

9. Link --

Wed Aug 14, 2019, 08:22 AM

Aug 2019

https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flattest-level-since-2007-amid-risk-off-sentiment.html

The yield on the benchmark 10-year Treasury note on Wednesday broke below the 2-year rate, an odd bond market phenomenon that has been a reliable, albeit early, indicator for economic recessions. The yield on U.S. 30-year bond fell to a new all-time low, dropping past its prior record notched in summer 2016.

The yield on the 30-year Treasury bond traded at 2.061%, below its former record low of 2.0889% hit in 2016 following Britain’s Brexit vote. Yields fall as bond prices rise.

More in the article about the track record of 2 year note - 10 year note, and of other measures of yield curve inversions

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Bloomberg radio reporting T-bill inversion [View all] nitpicker Aug 2019 OP

CNBC confirming nitpicker Aug 2019 #1

Link -- progree Aug 2019 #9

Not just the US either. Inverted yield curve in Europe also still_one Aug 2019 #2

Can you explain why this is important? we can do it Aug 2019 #3

Reliable recession predictor Quemado Aug 2019 #5

I believe the definition of a recession is, decline in growth of G.N.P. of 18 month. Depression, 36 3Hotdogs Aug 2019 #6

How an economic decline that begins now would affect the election would depend on a lot a factors. Quemado Aug 2019 #7

It is seen as a lack of confidence BeyondGeography Aug 2019 #8

This message was self-deleted by its author Quemado Aug 2019 #4

Dow tumbles 400 points after bond market flashes a recession warning mahatmakanejeeves Aug 2019 #10