The 2-year and 10-year Treasury yields inverted for the first time since 2019, sending a warning that a recession could be on the horizon.
In general, a simple way to look at the importance of the yield curve is to think about what it means for a bank. The yield curve measures the spread between a bank's cost of money versus what it will make by lending it out or investing it over a longer period of time. If banks can't make money, lending slows and so does economic activity.
According to MUFG Securities, the yield curve inverted 422 days ahead of the 2001 recession, 571 days ahead of the 2007-to-2009 recession and 163 days before the 2020 recession. Bespoke notes that after six instances where the 2-year and 10-year yields inverted going back to 1978, the stock market continued to perform positively. Thewas up an average 1.6% a month after the inversions but was up an average 13.3% a year later.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nicole Kidman Bought 10-Year-Old Kristen Stewart Walkie Talkies for Christmas After ‘Panic Room’ RehearsalsDavid Fincher's 'Panic Room' hit theaters 20 years ago. Originally, the director paired Kristen Stewart with Nicole Kidman. The Oscar nominees opened up about their time on set in their recent ActorsOnActors conversation:
Read more »
BOJ conducts emergency market operation, offers to buy JPY100 bln in 10–25-year JGBsBOJ conducts emergency market operation, offers to buy JPY100 bln in 10-25 year JGBs BOJ CentralBanks USDJPY YieldCurve
Read more »
BOJ offers to buy unlimited amounts of 10-Year JGBs at 0.25%For the fourth consecutive day on Thursday, the Bank of Japan (BOJ) conducted an unlimited buying of Japanese government bonds (JGBs). more to come ..
Read more »
Honda and Acura expand CPO offerings to include 10-year-old carsIt might not be the best time to buy a car now, but if you have to, at least there'll be a bit more protection if you look at the Honda and Acura certified pre-owned programs.
Read more »
Here's how 10-year-olds can drive supercarsThe U.K. company track days offers a supercar driving experience for kids as young as 10 years old.
Read more »
Honda, Acura to sell certified 10-year-old used carsHonda and Acura are targeting young and first-time buyers with new certified pre-owned programs that cover vehicles up to 10 years old.
Read more »