Tag: 10 year bond
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Martini-time for gold investors as the U.S. treasury yield curve inverts
This week the 3-month U.S. Treasuries are yielding more than 10-year notes. For the last 50 years, a yield curve inversion, has been an infallible predictor of recessions. The spread between 3-month bills and 10-year Treasuries has inverted before each of the past seven recessions. Bianco Research determined that historically, a recession arrives 12-18 months…