The Fed cuts 50 basis points and we are seeing a spike in demand for short-duration treasuries, pushing yields lower. We are seeing the yield curve un-inverting pretty strongly today in response to this news. Historically, when the yield curve un-inverts it has been a reliable indicator that we are in/heading into a recession. I believe we’ve been in one for a while now just based off bankruptcies and layoffs.

#fed #yieldcurve #recession