Bidenflation brings RECESSION according to inverted yield curve (stats, Obama, economic)
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"This is the first time the shorter-dated 5-year Treasury yield has risen above that of the longer-dated 30-year U.S. government bond since 2006 — just a couple of years before the Global Financial Crisis."
"This is the first time the shorter-dated 5-year Treasury yield has risen above that of the longer-dated 30-year U.S. government bond since 2006 — just a couple of years before the Global Financial Crisis."
Of course it will.
We have had reckless, careless economic policy since Biden was installed and expecting prosperity from such an idiot was too much to ask.
Biden continues to far outdistance Obama and Carter as the worst president in US history.
Just think- we have 2.75 more years of ineptitude and incompetence to make things even worse. After Biden is through with the nation, even democrats will hate him.
the 2019 opinion was based on the 90day yield being inverted..... while the op article is on the 5yr and 30 yr yields, in which this is the first time since 2006
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