Heterodox
The Treasury yield curve has now almost totally inverted – by New Deal democrat One of the few leading indicators not flashing red for recession has been the short end of the Treasury yield curve, which has been relentlessly positive – until now. While the 10 year minus 2 year Treasury spread has been negative for months, the 10 year minus 3 month had remained positive. But twice in the last two weeks the 3 month Treasury has yielded more...
Read More »The Treasury yield curve has now almost totally inverted
