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Dow, stocks drop in early trading as recession worries intensify, bond market raises red flag

USATODAY.com Wednesday, 14 August 2019
Stocks fell after economic indicators from Germany and China renewed recession fears. And the 10-year bond yield fell below the 2-year.
Credit: Cheddar Inc. - Published < > Embed
News video: Bond Yields Flash Ominous Warning Sign for Economy

Bond Yields Flash Ominous Warning Sign for Economy 05:01

The spread between the 2-year and 10-year Treasury yields flipped for the first time since 2007, with the 2-year moving higher than the benchmark 10-year. A flattening of the yield curve has been a reliable predictor of a recession for the last half century.

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