Holy s*** the yield curve inverted

Bloomberg:

A closely watched section of the Treasury yield curve on Friday turned negative for the first time since the crisis more than a decade ago, underscoring concern about a possible economic slump and the prospect that the Federal Reserve will have to cut interest rates.

The gap between the 3-month and 10-year yields vanished on Friday as a surge of buying pushed long-end rates sharply lower. Inversion is widely considered a reliable harbinger of recession in the U.S. The 10-year slipped to as low as 2.439 percent.

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  1. What to Make of the Yield Curve - The Chart Report commented on Mar 22

    […] Brown and Michael Batnick of Ritzholtz Wealth Management put out a video today¬†discussing the yield curve inversion. Michael points out that the last nine-times the yield curve […]