• 12 mins Unpacking Biden's $2 Trillion Green Energy Plan
  • 15 hours The Investment Sector Defying A Global Pandemic
  • 16 hours Face Masks Become The Key To Economic Recovery
  • 20 hours Impact Investing Remains Strong Despite COVID-19 Market Downturn
  • 22 hours Global Stocks Are Soaring On Fresh Vaccine Hopes
  • 1 day Rethinking Mining: A $10 Trillion Opportunity
  • 2 days Smart Investors Are Betting On This COVID-Proof Industry
  • 2 days Disney’s Digital Pivot Could Be Its Saving Grace
  • 2 days What Does Tesla's Million-Mile Battery Mean For Green Energy?
  • 2 days U.S.-China Tensions Are Reaching A Boiling Point
  • 2 days Gold Remains Strong Amid Increasing Economic Uncertainty
  • 3 days Morgan Stanley And Goldman Sachs Are Betting Big On This Budding Industry
  • 3 days Global Corporate Debt Soars To $9 Trillion
  • 3 days The Fed’s Slippery Slope
  • 3 days Precious Metals Pulled Ahead Of The Pack In The First Half Of 2020
  • 3 days Tesla Faces $20 Billion In Short Interest
  • 3 days China's Economic Recovery Remains Tepid
  • 3 days Silver Inches Closer To $20
  • 3 days The Secret Life Of Lithium
  • 4 days The Pandemic Proof $53 Billion Industry Wall Street Can’t Ignore
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

Portion of US Treasury Yield Curve Inverts

Inversion!

Curve Watchers' Anonymous has had its eyes on the yield curve in expectation that portions of the curve would invert. A small inversion did happen on Tuesday when yield on 6-month treasuries briefly traded at a higher yield than 1-year treasuries.


Bloomberg Screen Shot

US Treasury Yields

I captured the above chart at 5:00PM but similar conditions existed for several hours.


Yield Curve 6-Month to 5-Year

Yild Curve 6-Month to 5-Year Chart

  • Red: 5-Year
  • Blue: 3-Year
  • Green: 2-Year
  • Orange 1-year
  • Purple: 6-Month
  • Brown: 3-Month

I created the above chart in Stockcharts. Alas, Stockcharts uses end-of-day vales only so it appears there is no inversion today. Yesterday the 6-month and 1-year treasuries closed with the same yield.

Those who insist the yield curve needs to invert before a recession can happen, now have that inversion, even if it's a tiny one.

 

Back to homepage

Leave a comment

Leave a comment