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US yield curve inverts for 1st time since 2007 in recession warning
short by Krishna Veera Vanamali / on 14 Aug 2019,Wednesday
The US yield curve inverted for the first time since June 2007 on Wednesday, sparking fears that the American economy could be falling into recession. This means that the interest rate on 10-year US government debt has now fallen below the rate on the 2-year equivalent. The US curve has inverted before every recession in the past 50 years.
short by Krishna Veera Vanamali / 11:00 pm on 14 Aug
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