I took that snapshot last night it is slightly different this morning. I will add the 6-month T-bill in the next iteration of that table.
Yield Curve 2019-02-19
Yield on the 6-month bill this morning is 2.507% down 0.16. The 5-year, 3-year, and 2-year treasuries are all inverted with the 6-month bill.
The recession music band keep playing.
Mike “Mish” Shedlock
@ Hannah1 – Strong sentiment towards buying is all. Don’t confuse economics with the stock market.
Inversion not likely to mean anything. Strong dollar keeping a lid on carry trades, and with Fed all but saying interest rate hikes are done and no inflation (outside of assets) levering lower beta is gonna be in vogue. Long end to short end not inverted, so nothing really to see. Managers load up on front end during fed ease cycles.
Can anyone explain this skyrocketing stock market?
I visit here at least 5 times a day to learn economics since Khan academy recommended, what am I missing?
DC burnin through cash like a hot night through butter,easily 2 trillion in red ink (“officially”) this year ,and wait for it …….3TRILLION IN THE RED 2020…..a sea of red!
…And it produces a measly 2% (or less) in GDP growth.