- USA TRADERS THREAD -

Treasury yields:

An inverted curve, where short-term yields exceed long-term yields, last happened in December 2000 and has preceded each of the past four U.S. recessions. The debate among investors and economists now is whether another slowdown is looming, especially with high energy prices threatening to damp consumer spending.

Two- and 10-year notes both yielded 4.37 percent at 11:13 a.m. in New York, according to Cantor Fitzgerald LP. Longer-term debt typically yields more than shorter-term debt to compensate investors for such risks as faster inflation, which erodes the purchasing power of fixed-income payments.

Reference to what you guys mentioned earlier.

Bloomberg always make me laugh. They should put some of their quotes from fund managers in their company christmas crackers.