New York CNN —For much of the last two years, the 2-year US Treasury yield has traded above the 10-year yield. Still, there are plenty of instances when the yield curve uninverted and a recession wasn’t right around the corner. The most recent prior case of the yield curve uninverting was September 2019. (Disinversion and uninversion are both used to refer to a yield curve that returns to being in positive territory.) One reason she isn’t on edge is because the yield curve was inverted for a much longer stretch of time compared to other recent recessions.

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Persons: that’s, Marco Giacoletti, ” “, Kristina Hooper, Hooper, ” Kevin Flanagan, ”, Claudia Sahm, Sahm, Flanagan Organizations: New, New York CNN, Treasury, Federal Reserve, Fed, University of Southern California Marshall School of Business, CNN Locations: New York