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in Economy

Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears

by Editor September 5, 2024, 12:05 am 1.8k Views

A trader signals an offer in the Standard & Poor’s 500 stock index futures pit at the CME Group in Chicago on Dec. 14, 2010.

Scott Olson | Getty Images News | Getty Images

The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator.

Following economic news that showed a sharp decline in job openings and dovish remarks from Atlanta Fed President Raphael Bostic, the benchmark

Posted by Editor