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home / news releases / TYBS - And Then There Were 2 (Inverted Yield-Curve Recession Signals)


TYBS - And Then There Were 2 (Inverted Yield-Curve Recession Signals)

One of the crowd's favorite yield curve pairings (the spread on 10-year less 3-month Treasuries) has been signaling elevated US recession risk since May. As of yesterday (Aug. 14), the 10-year/2-year spread has gone over to the dark side too. That alone doesn't insure that economic output will slump in the near term, but it's a clear message that the crowd has increased its collective bet that a US downturn is approaching.

It's all about the market's probability estimates rather than fate. But if you're inclined to consider yield curves' implied economic forecasts, the sight

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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