There's a worrying signal in the bond market that suggests a recession could soon arrive.
Investors have typically pointed to the spread between the two-year and 10-year Treasury yields as an indicator of a coming recession.
The two-year yield surpassing that of the 10-year bond has been a signal that's preceded every economic slump since 1955.
Meanwhile, 10-year Treasury Inflation-Protected Security yields, which are adjusted for inflation, are currently hovering around 2.5%, Misra said.
"The US Treasury yield curve is de-inverting very rapidly," Gundlach said in post on X, formerly known as Twitter, on Tuesday.
Persons:
—, Priya Misra, That's, Misra, It's, Jeff Gundlach, Gundlach, Buckle
Organizations:
Service, JPMorgan, Management, CNBC, Treasury
Locations:
Treasurys