Stocks fall sharply after bond market warns of recession - Sentinel-Tribune: News

Stocks fall sharply after bond market warns of recession

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Posted: Wednesday, August 14, 2019 4:38 pm

Stocks fell sharply Wednesday after the bond market raised another warning flag on the economy.

The yield on the 10-year Treasury briefly dropped below the two-year Treasury's yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions and is the loudest warning bell yet about a possible recession ahead.

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