Tuesday, July 10, 2018

Recession alert ahead as yield curve falls to single digit basis points for first time in 11 years

You know that the flattening yield curve is finally starting to 'get real' when even CNBC is forced to talk about it.  But for those of us in the alternative financial media, the threat of a coming yield curve inversion has been on our radar for several months now.

And finally here on July 10, the spread between the 10 and 30 year Treasury bonds hit its lowest level in 11 years by dropping into single digit basis points.

10 year Bond:


30 year Bond:


Yet while the spread between the 10 and 30 years yields closed out today at 9.9 bps, the swap curve has already inverted.


Which for the economy leaves just one thing to do...

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