US yield curve is still inverted, still worrying investors

Financial Times/Joe Rennison

“The yield curve, which shows interest rates on bonds of varying maturities, has now been inverted for a full month, cementing a dour outlook for the US economy, and the extent of the inversion deepened on Wednesday as markets digested a new round of weak economic data.”

USAGOLD note:  The longer it persists the greater the damage to market sentiment, although at this juncture the stock market remains oblivious. . . .

Repost from 7-4-2019

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