by Signal-Coffee1156
No exit ramp for Fed’s Powell until he creates a recession, economist says
Key recession indicator sends investors sharpest warning in 42 years
The Treasury market is sending its sharpest warning about recession risks since 1981.
On Tuesday, the difference in the yield on 2-year and 10-year Treasury notes further inverted, with the yield on the 10-year falling 103 basis points, or 1.03 percentage points, below the yield on the 2-year yield. This dynamic has preceded each of the last eight U.S. recessions.
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