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The most well-known recession indicator stopped flashing red, but now another one is going off

todaySeptember 13, 2024 15

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For much of the last two years, the 2-year US Treasury yield has traded above the 10-year yield. When that happens, it historically has meant a recession is looming. So you’d think that investors and economists would have celebrated last week when that warning sign stopped flashing.

​ For much of the last two years, the 2-year US Treasury yield has traded above the 10-year yield. When that happens, it historically has meant a recession is looming. So you’d think that investors and economists would have celebrated last week when that warning sign stopped flashing. Read More Breaking News, Latest News and Videos | CNN 

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