U.S. yield inversion deepens, stokes recession fears
“The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more safe-haven demand for government bonds.”
USAGOLD note: The growing consensus is that the yield inversion are not like to go away anytime soon. . . . .In fact, top bond market analysts are forecasting it could plunge even further below the zero line as safe haven demand for sovereign debt grows.