Comment on Inverted yield curve not a warning flare for recession, CU Denver professor argues

Inverted yield curve not a warning flare for recession, CU Denver professor argues

When yields on 10-year Treasury bonds dropped below those on two-year Treasury notes last week, it triggered one of the most reliable harbingers of a coming recession. Every U.S. recession in the past 50 years has been preceded by a yield curve inversion. The Dow Jones industrial average tumbled more than 800 points Wednesday of last week. But Yosef Bonaparte, finance director of the J.P.

 

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