Yield curve finally inverting. Have been waiting for this moment for awhile now. With the price of long term bonds skyrocketing with the fear of econ slowdown in euro this morning, the outlook is looking even bleaker. Ive been saying this for a long time now and it seems to be confirming faster and faster. The recession is at the gates, and investors (who have so far shown an unfathomable amount of risk appetite) will be the ones paying the price.
Comment:
This was my post from a few days ago. Yields have dropped drastically since then
Comment:
3 month treasury bill yield falls below 10 year yield inverting the yield for the first time since the housing crisis.
