U.S. yield curve inverts for first time in 12 years, flags recession

NEW YORK/LONDON - The U.S. Treasury yield curve inverted on Wednesday for the first time since June 2007, in a sign of investor concern that the world’s biggest economy could be heading for recession.

Weak economic data and low inflation around the world, global trade conflicts and political tensions in places such as Hong Kong have sparked worries about world growth, fueling market expectations of central bank interest rate cuts and triggering steep falls in government bond yields. “We look at 2s/10s and the yield curve in general as long leading indicators,” Cleveland said. “Long because a long period can elapse between inversion and a recession. For example, 2s/10s inverted in December 2005 and the recession did not begin until December 2007: a full 24 months.”

In midday trading, U.S. benchmark 10-year Treasury note yields US10YT=RR were last down at 1.586%, from 1.68% late on Tuesday.While the yield on nominal 30-year bonds had not yet broken below 2% for the first time ever, Treasury futures market signals indicated an expectation that it would do so soon. The implied yield on the 30-year Treasury futures contract expiring in September USU9 was 1.74% on Wednesday, near a record low.In March, the inversion of the U.S.

Thank you Mr Art of the Deal! Just like your other investments, time to file for bankruptcy. Take the booming economy that was left to you and screw it up. POTUS

maxkeiser stacyherbert KeiserReport

LOL- Do you just repeat what CNN and NBCNews says? They have both stated they want to economy to tank, so realDonaldTrump will not be reelected, but the economy is strong, the markets are manipulated by a powerful few.... Reuters has become the CNN of failed news!

Entering The Trump Recession. Yay.

Trump effect......f'd up all of OB good work

Is this the beginning of the end for MAGA? NationalSocialism lasted longer.

Trump is destroying the economy!

Yes,..and if Trump farts the market reacts,.

winning MAGA

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