US Treasury yield curve inverts again
An inversion of the yield curve is viewed by many as a signal a recession is likely to follow in one to two years
FOX Business Flash top headlines for March 31
Here are your FOX Business Flash top headlines for March 31.
A key part of the U.S. yield curve inverted on Friday morning in Asia, the second time in a few hours, according to Tradeweb data, as the two-year U.S. Treasury note yield rose above the benchmark 10-year yield.
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That part of the yield curve inverted on Tuesday for the first time since September 2019. It inverted again late in U.S. trade on Thursday.
An inversion of the two-year, 10-year part of the curve is viewed by many as a signal a recession is likely to follow in one to two years.
(Reporting by Noel Randewich and Alun John; Editing by Chris Reese & Shri Navaratnam)