The U.S. economy is currently experiencing a peculiar situation. A crucial recession indicator has been flashing for over a year, yet the other vital component of a downturn is nowhere to be found, DataTrek Research wrote in a note. What Happened: The spread between the 10-year and three-month treasury yields, a key indicator of an impending recession, has been inverted for 16 months, reported Business Insider. “Within 9 – 17 months from when the Treasury yield curve ‘inverts’ from its usual condition of long-term rates being higher than short-term rates, the U.S. economy has always experience…
