Relevant and even prescient commentary on news, politics and the economy.

Manufacturing and construction vs. the still-inverted yield curve

 – by New Deal democrat at the Bonddad Blog Prof. Menzie Chinn at Econbrowser makes the point that the yield curve is still inverted, and has not yet eclipsed the longest previous time between onset of such an inversion and a recession. So he believes the threat of recession is still on the table. And […]

An update on the yield curve

An update on the yield curve This is an update on my yield curve post from earlier this week.As had happened in the previous few days, the 3 to 5 year Treasury yield spread, which was inverted intraday, un-inverted by the close of the trading day. Here is what the US Treasury yield curve looked […]

The US Treasury yield curve is on the verge of inverting

The US Treasury yield curve is on the verge of inverting My graphing issue hasn’t resolved yet. Fortunately there is no big new economic news today, and there is something I’ve been following with particular interest in the past week that doesn’t require any graphing: namely, the Treasury bond yield curve is on the verge […]