Interest Inversion
04/04/2022 |
Recently, the yield on the two-year Treasury rose slightly above the 10-year Treasury rate, a phenomenon known as an inverted yield curve, often a harbinger of recession or at least a slump and bad times. That said, which pairs of Treasuries should be compared is hotly debated, and when the recession arrives after the inversion ranges from seven months to 33 months. Be concerned, but no more at this juncture.