U.S. 2s/10s Treasury yield curve inverts again

FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken

(Reuters) – A key part of the U.S. yield curve inverted on Friday morning in Asia, the second time in a few hours, according to Tradeweb data, as the two-year U.S. Treasury note yield rose above the benchmark 10-year yield.

That part of the yield curve inverted on Tuesday for the first time since September 2019. It inverted again late in U.S. trade on Thursday.

An inversion of the two-year, 10-year part of the curve is viewed by many as a signal a recession is likely to follow in one to two years.

(Reporting by Noel Randewich and Alun John; Editing by Chris Reese & Shri Navaratnam)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota