Bonds/Interest Rates

The Yield Curve Inverted, but You’re Telling Me This Time is Different

Last Friday, the yield curve for U.S. Treasuries inverted. Three-month T-Bills had a slightly higher yield (2.46%) than 10-Year Treasury bonds (2.44%). That sounds crazy because it is. The inverted yield curve made national news because yield curve inversions have preceded the last nine economic recessions. Charlie Bilello shared a great visual of inverted yield…