Treasury yields invert, warning of possible recession
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August 14, 2019
NEW YORK (AP) — An economic alarm bell has sounded in the U.S., sending warning signs of a possible recession ahead.
Yields on 2-year and 10-year Treasury notes inverted early Wednesday, a market phenomenon that shows investors want more in return for short-term government bonds than they do for long-term bonds.
It's the first time that has happened since the Great Recession and it can be a sign that investors have lost faith in the soundness of the U.S. economy.
What appeared to be a slight thaw in trade relations between the U.S. and China that had sent markets sharply higher Tuesday was qui...
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