Let Us Not Rush to Judgement on the Yield Curve Inversion
August 16, 2019 at 13:07 PM EDT
By Herb Morgan at Efficient Market Advisors, a business of Cantor Fitzgerald Investment Advisors The yield on ten-year US Treasury securities dropped below the yield on two-year US Treasuries August 14 prompting mass hysteria in both financial markets and macro-commentary. This event, commonly...