Following inflation data showing worse-than-expected price increases in June, bond markets are now flashing signs of deeper investor concerns about recession. On Wednesday, the U.S. 10-year note yield slipped as much as 0.21% lower than the yield on the 2-year, the largest negative spread between the two securities since 2000. A yield curve inversion, in which short-dated bonds yield more than longer-dated ones, shows a reversal in typical risk attitudes, as investors usually expect more… Source link
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