New topic 2020-05-31 18:15:42 TITLE economics
DESCRIPTION: this is where you put a small summary blurb which appears in the section surrounded by a black box.
An inverted yield curve is considered a warning of financial storms ahead. Here is the negative spread between the 10-year Treasury and the 3-month Treasury. It looks a bit like a barometer warning of an approaching low-pressure front.
"Last Time" means 2006. At that time, the yield curve was inverted but the economy didn't seem so bad. Most of us had an inkling but no real idea of what lay ahead.
Originally published: Wednesday, September 04, 2019; most-recently modified: Wednesday, September 04, 2019