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U.S. Treasury key yield curve inversion becomes the longest on record

Summary by Ground News
The part of the Treasury yield curve that plots two-year and 10-year yields has been continuously inverted since early July 2022. That exceeds a record 624 day inversion in 1978, Deutsche Bank said in a note on Thursday. A 2/10 curve inversion is a time-honored signal of an upcoming recession.

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The Globe & Mail broke the news in Canada on Thursday, March 21, 2024.
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