Inversion signals market expectations
The gap between yields on two-year and 10-year notes was last inverted at minus 79.7 bps, from Tuesday's peak.
Things moving in a new direction but hard to define. I keep learning more about bonds, tho not understanding more.
This peak inversion measured at minus 91.3 bps. The inversion signals market expectations for a coming recession. Sorry to misspell Reuters. - B.B.
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