(Bloomberg) — The U.S. yield curve is flirting with another broad-based inversion, reigniting Wall Street fears over the fate of the American economy.A growing chorus of voices is being swayed by another notion: the signal might say more about the state of the world than the U.S. business cycle.Treasuries now make up more than half of the world’s haven assets, double the share they accounted for during the global financial crisis, according to Eurizon SLJ Capital. That complicates matters when the spread between long- and short-term yields inverts: what used to be a reliable American recession indicator is instead an …read more
Source:: Yahoo Finance
