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No go out ramp for Fed’s Powell till he creates a recession, economist says
Key recession indicator sends buyers sharpest caution in 42 years
The Treasury marketplace is sending its sharpest caution about recession dangers since 1981.
On Tuesday, the variation within the yield on 2-year and 10-year Treasury notes additional inverted, with the yield at the 10-year falling 103 foundation issues, or 1.03 proportion issues, under the yield at the 2-year yield. This dynamic has preceded each and every of the final 8 U.S. recessions.