"NEW YORK, March 29 (Reuters) - A closely monitored section of the U.S. Treasury yield curve inverted on Tuesday for the first time since September 2019, a reflection of market concerns that the Federal Reserve could tip the economy into recession as it battles soaring inflation.
For a brief moment, the yield on the two-year Treasury note was higher than that of the benchmark 10-year note. That part of the curve is viewed by many as a reliable signal that a recession could come in the next year or two...
...While the brief inversion in August and early September 2019 was followed by a downturn in 2020, no one foresaw the closure of businesses and economic collapse due to the spread of COVID-19."
We, at C Level Finance, are not qualified nor in the position to make prognostics about recessions. We just take note of this info and share it with you.
But we are as curious as most people: is recession coming?
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