White House trade advisor Navarro: ‘Technically we did not have a yield curve inversion’
White House National Trade Council Director Peter Navarro
Getty ImagesWhite House trade advisor Peter Navarro disputed that the bond market flashed a recession signal last week, which spooked investors and sent the stock market tumbling.
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion,…
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