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Investors have been watching the US Treasury yield curve for inversions, a reliable predictor of past economic downturns. They don’t always agree on which part of the curve is best to watch though. “Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management […]
The bond market’s most reliable gauge of the US economic outlook for the past half-century is hurtling toward inversion at a faster pace than it has in recent decades, raising fresh worries about the economy’s prospects as the Federal Reserve begins to consider aggressively hiking interest rates . The widely followed spread between 2-year TMUBMUSD02Y, […]
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