Yield curve inverts once again on fears the Fed won’t save the economy from recession
The main part of the yield curve inverted once again Thursday as the yield on the benchmark 10-year Treasury note traded under that of the 2-year note, the third time the recession indicator has been triggered since last Wednesday. The move came after Kansas City Federal Reserve President Esther Georgeand Philadelphia Fed President Patrick Harker told CNBC that they don’t … Read more