By Kathy A Jones
Recently, the bond market flipped upside down - raising recession fears, unnerving investors and driving stock markets to one of their worst days all year. What's going on?
Bond yields in major developed countries declined sharply in mid-August, bringing the total amount of negative-yielding bonds around the globe to more than $16 trillion. The entire German yield curve is below zero. In the U.S., the 30-year Treasury yield fell below 2% for the first time in history, causing the yield spread between two-year/10-year Treasuries to invert briefly, for the first time