Weekly Market Recap – June 17, 2024

chart_of_the_week 06-17-2024

An inverted yield curve occurs when yields on short-term Treasuries exceed those offered by long-term Treasuries. Historically, an inversion between the 2-year and 10-year Treasuries has been viewed as a warning sign of an economic downturn, although this time, for now, appears to be different. In fact, June marks the 23rd consecutive month of yield curve inversion without a recession, the longest streak on record.

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