It doesn't matter that the yield curve has been warning about this for well over a year. For most people, they were left unaware of any dangers. Aside from the occasional high level mentions here or there, for all 2018 there was the unemployment rate and nothing else as far as the economy was concerned. Federal Reserve Chairman Jay Powell said so numerous times.
This year has gone very differently. The 2s10s, the difference between the 10-year US Treasury yield and the 2-year US Treasury yield, has finally turned negative meaning inversion. Widely considered a recession signal, all of a sudden everyone's a bond watcher.
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