17 07, 2018

Wesbury’s Outlook- Yield Curve Inversion

By |2018-07-17T06:10:52-04:00July 17th, 2018|Fed Reserve, Interest Rates, Policy|0 Comments

The yield spread between the 2-year and 10-year Treasury Note has narrowed to 25 basis points, its smallest spread since 2007. This has many investors worried the narrowing spread will lead to an inversion of the yield curve (when short-term rates exceed long-term rates) – which throughout history has often occurred prior to a recession. [...]

20 06, 2018

Wesbury’s Outlook- Bonds Misjudge the Future

By |2018-06-20T09:19:32-04:00June 20th, 2018|Financial, Interest Rates|0 Comments

We've always been skeptical that bond yields carry deep meaning about the future. Low Treasury bond yields in recent years were said to be a signal of slower growth, or possibly a recession, ahead. And the bond world said stocks were over-valued. Clearly, the forecasted recession never came. Not only is the economy accelerating, but [...]

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