The State of the Economy
On the News Front Early in the trading session this past Friday (March 22nd) the 3-month Treasury bill yield & the 10-Year Treasury Bond yield inverted. As of this writing, the 3-month Treasury yield & the 10-yr yield are sitting at 2.455% and 2.442% respectively. Subsequently, this inversion took center-stage on the news outlets for the day. The ‘big deal’ associated with the inversion of the yield curve is that it has been a recurrence […]