Archives for September 4, 2019

Recession? Yes or No

The word Recession hit the airwaves on August 14th and a stock market sell-off ensued. The Dow dropped 800 points (-3.05%) on that day. The catalyst was the inversion of the yield curve. The yield on the 10 Year US Treasury fell below the yield on the shorter 2 Year Treasury. A typical relationship is for the longer term Treasuries to pay a higher yield than … [Read more...]