What An Inverted Yield Curve Means For Investors
August 14, 2019 at 11:11 AM EDT
The closely watched 2-year and 10-year Treasury curve is just 2 basis points away from inversion, a phenomenon viewed by many as a recession indicator. Investors are now pressing for higher interest rates on short-term debt than they are on longer term debt, a phenomena known as an “inverted yield...