Reversed yield curves have spooked economists for a few months now, originating in Japan and Europe. But now, US government bonds are sporting a reversed yield curve, where short-term debt has a higher yield in comparison to 10-year government bonds.
https://twitter.com/rafzalan/status/1161709029577543680
The events mimic the behavior of US government bonds not seen since the fall of 2007, which preceded one of the largest global financial crises.
Usually, long-term debt will have a higher yield to pay for the risk taken - but now, taking a risk with the US government means the return is lower, and can even be negative. Crypto a...
