The return on a 10-year Treasury bond (as of yesterday's close) is 2.26%. The return on a 30-day note is 2.35%. That's not good. Historically an inversion (when long-term rates are lower than short-term rates) been one of the surest signs that a recession is imminent.
In other news, China, the world's largest buyer of soybeans, has stopped buying them from United States suppliers. --Bob
The yield curve has inverted
- Bob78164
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The yield curve has inverted
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson
- bazodee
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Re: The yield curve has inverted
Not all recessions are created equally. For economists, a recession is two consecutive quarters of contraction of the economy. It doesn't necessarily imply any particular decline in stock values or a percentage increase in unemployment. Most all agree, that after 10 years, we're going to hit a bump. How severe depends on a lot of other variables, especially those international shocks over which we have little influence.Bob78164 wrote:The return on a 10-year Treasury bond (as of yesterday's close) is 2.26%. The return on a 30-day note is 2.35%. That's not good. Historically an inversion (when long-term rates are lower than short-term rates) been one of the surest signs that a recession is imminent.
In other news, China, the world's largest buyer of soybeans, has stopped buying them from United States suppliers. --Bob
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Re: The yield curve has inverted
The Mexico tarrif may push it over the edge.bazodee wrote:Not all recessions are created equally. For economists, a recession is two consecutive quarters of contraction of the economy. It doesn't necessarily imply any particular decline in stock values or a percentage increase in unemployment. Most all agree, that after 10 years, we're going to hit a bump. How severe depends on a lot of other variables, especially those international shocks over which we have little influence.Bob78164 wrote:The return on a 10-year Treasury bond (as of yesterday's close) is 2.26%. The return on a 30-day note is 2.35%. That's not good. Historically an inversion (when long-term rates are lower than short-term rates) been one of the surest signs that a recession is imminent.
In other news, China, the world's largest buyer of soybeans, has stopped buying them from United States suppliers. --Bob
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- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
- tlynn78
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Re: The yield curve has inverted
You and Bobbo can hope!! How pathetic it must be to live a life with bated breath just wishin' and prayin' for the US to fail so you can say, 'told you so!'Bob Juch wrote:The Mexico tarrif may push it over the edge.bazodee wrote:Not all recessions are created equally. For economists, a recession is two consecutive quarters of contraction of the economy. It doesn't necessarily imply any particular decline in stock values or a percentage increase in unemployment. Most all agree, that after 10 years, we're going to hit a bump. How severe depends on a lot of other variables, especially those international shocks over which we have little influence.Bob78164 wrote:The return on a 10-year Treasury bond (as of yesterday's close) is 2.26%. The return on a 30-day note is 2.35%. That's not good. Historically an inversion (when long-term rates are lower than short-term rates) been one of the surest signs that a recession is imminent.
In other news, China, the world's largest buyer of soybeans, has stopped buying them from United States suppliers. --Bob
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- silverscreenselect
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Re: The yield curve has inverted
I guess you think that those weathercasters who send out hurricane warnings are just wishin' and prayin' for disaster to strike so they can say "told you so."tlynn78 wrote:How pathetic it must be to live a life with bated breath just wishin' and prayin' for the US to fail so you can say, 'told you so!'
It would be a different story if (a) this tariff had the slightest chance of accomplishing something positive and (b) wasn't about the one millionth example of Trump flexing his muscles for the sole purpose of feeling good about himself.
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- Beebs52
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Re: The yield curve has inverted
Actually, there are some of those out there occasionally. And while deep down I don't think you and your buds wish harm for our country...I do think all y'all are the "occasionals" in re Trump.silverscreenselect wrote:I guess you think that those weathercasters who send out hurricane warnings are just wishin' and prayin' for disaster to strike so they can say "told you so."tlynn78 wrote:How pathetic it must be to live a life with bated breath just wishin' and prayin' for the US to fail so you can say, 'told you so!'
It would be a different story if (a) this tariff had the slightest chance of accomplishing something positive and (b) wasn't about the one millionth example of Trump flexing his muscles for the sole purpose of feeling good about himself.
Well, then