This means that the yield on the 2-year Treasury note is higher than that on the 10-year Treasury bond, which is unusual and often seen as a predictor of economic recession. An extended yield curve inversion suggests that investors expect slower economic growth and potentially lower interest rates in the future, indicating a lack of confidence in the near-term economic outlook.
Longest Yield Curve Inversion in History 🚨
The 10Y-2Y Yield Curve has been inverted for 502 consecutive trading days, the longest yield curve inversion in history, even surpassing the 1978-1980 inversion under Fed Chair Paul Volcker pic.twitter.com/3lmT47m3gI
— Barchart (@Barchart) July 7, 2024
June was the first month since October of 2020 that no central bank hiked interest rates 👀 pic.twitter.com/xIeGI4chjl
— Markets & Mayhem (@Mayhem4Markets) July 7, 2024
Be ready
Mother of all crashes starts in July on stock market #sp500 #spx #spy pic.twitter.com/hPMzKwiYZg
— Fernando (@fernandowavesfx) July 6, 2024