12:49:23 AM PDT - Thursday, August 22nd, 2019

'Crazy inverted yield curve' vexes Fed, with no clear resolution  

By Editor - Thu Aug 15, 5:34 pm

Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt. Called a “yield curve inversion,” this has been a traditional warning sign for the economy: If smart investors see more risk two years ahead than 10 years down the road, it can’t be good for near-term growth. In response, President Donald Trump and others have upped demands for a U.S. Federal Reserve rate cut.

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'Crazy inverted yield curve' vexes Fed, with no clear resolution

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