Business Insider: “The Treasury yield curve inversion is deepening as a key warning of a coming recession flashes its strongest signal since 2007”
By admin_45 in IN THE NEWS
Excerpt from Business Insider quoting DataTrek's Nick Colas:
.... "An inverted yield curve preceded the 1990, 2001, and 2008 recessions, according to DataTrek. However, an inversion only predicts a downturn if it lasts for several months, as brief flashes in the 2-year Treasury yield typically don't determine much"....
Full article here on Business Insider.