Amid a shaky marketplace, investors are eyeing the yield curve for signs of economic stability. History shows that when the yield curve inverts, a recession may soon follow. Photo Composite: Stephanie Swart for The Wall Street Journal. The 10-year Treasury yield, which falls as bond prices rise, dropped as low as 2.055% according to Tradeweb after an unexpectedly weak jobs report showed wage gains missing analysts’ expectations, signaling inflation remains muted. It finished the day at 2.085%, the lowest close since September 2017.
Source: Wall Street Journal June 07, 2019 17:47 UTC