Making a 130% Overnight Gain on Kellogg

By Bryan Bottarelli Many of us woke up this morning to another round of heavy selling pressure – which is being attributed to inverted yields on the two-year Treasury vs. the 10-year Treasury.
What exactly does that mean, and why is it so alarming?
First off, it means that the two-year yield is now higher than the 10-year yield.
Secondly, it’s the first time since 2007 that this has occurred. Whenever this does happen, it’s considered a reliable indicator of an economic recession.
In fact, according to research from Credit Suisse, this yield curve inversion has preceded every recession over the past 50 years – with a …read more

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