Aug 14 2019
07:13 am

CNBC: The yield on the benchmark 10-year Treasury note on Wednesday broke below the 2-year rate, an odd bond market phenomenon that has been a reliable, albeit early, indicator for economic recessions.

bizgrrl's picture

"The yield on U.S. 30-year

"The yield on U.S. 30-year bond fell to an all-time low, dropping past its prior record notched in summer 2016."

Trump: another record! /Sarcasm

Moon's picture

On inverted yield curves, a year ago

Old joke: an inverted yield curve has predicted 7 of the past 5 recessions.

Factchecker's picture

Time to pay down federal debt?

I'm curious about what you, especially, as well as other readers think about this Slate article.

Even if you didn't want to use this as an opportunity for cheap money to rebuild transportation and energy infrastructure, which would literally do a world of good, could we also refinance all of our federal debt? If annual growth rate exceeds 2%, wouldn't it pay for itself?

This is definitely not my area of expertise, but what am I missing?

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