Over the weekend the US bond yield curve inverted briefly for the first time in 16 years, since the Great Recession in 2008.
Markets Insider-MSN reported: Part of the US bond yield curve briefly inverted for the first time since 2006 Monday, adding to fears that a recession could soon hit the country’s economy as the Federal Reserve hikes interest rates hard. The yield on the 5-year Treasury note rose above the yield on the 30-year Treasury bond , an event that hasn’t happened for the last 16 years. TRENDING: WATCH: Will Smith Rushes Oscar Stage And Socks […]
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