10-Year Falls Below 2-Year For First Time Since 2007
August 14, 2019 at 12:17 PM EDT
With the 10-year yield curve falling below the 2-year yield curve for first time since 2007, U.S. markets plummeted Wednesday with the Dow down 645 points as of 12:15pm ET. Yield curve inversions “predicted 7 out of 9 recessions during the post-war period. This is a track record any economist would...