How the flattening yield curve could lead to a bear market for stocks
REUTERS/Shannon Stapleton
- The yield curve is the spread between the yield on the 10-year treasury and the 2-year treasury.
- Its movements have historically been used as a recession indicator in the US.
- Its inversion could mean a bear market for stocks because it signals risk appetite.
It seems everyone is talking about the yield curve right now. It also seems most economists and investors are quick to dismiss what would typically signal a clear economic warning as nothing worth worrying about. Читать дальше...