This Economic Indicator Says a Recession Could Be Imminent. Here's What Happens Next.
One of the top recession indicators flashed a warning signal about 15 months ago, and now, it's getting louder and brighter.
Two-year Treasury bonds started to yield more than 10-year T-notes last summer in what's called a yield-curve inversion. In normal times, the yield curve slopes up and to the right. That is, longer-dated bonds offer a higher yield than shorter-dated bonds. That gives investors a greater reward for holding their investment longer.
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Source Fool.com