Wall Street's leading recession signal is flashing yellow [CBS News]
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Source: CBS News
Inverted yield curve: What the "inverted yield curve" says about the odds of a recession - CBS News What the "inverted yield curve" says about the odds of a recession By Aimee Picchi May 31, 2019 / 7:52 AM The bond market is flashing a classic recession signal about the U.S. economy, with the most inverted "yield curve" since 2007 -- and that was before President Donald Trump shocked investors by threatening on Thursday to hit Mexico with tariffs First, some background on what an inverted yield curve is all about. A bond yield is the return an investor gets on a government or corporate bond. Typically, investors demand higher yields from longer-term bonds to compensate them for the higher risk of tying up their money for a longer period of time. But when yields on some shorter-term bonds rise above those on longer bonds -- as is currently the case -- it has historically signaled a pending recession. As a result, some financial pros are telling investors to brace for impact. After a
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