Recession Fears Push German Yield Curve to Deepest Inversion Since 1992

The spread between the 2-year and 10-year German bund yields has inverted to levels not seen for thirty years. The gap reached -27 bps Thursday, the widest inversion since October 1992. On Friday that spread narrowed somewhat to -20.1 bps. An inverted yield curve is an interest rate environment in which long-term bonds have a lower yield than short-term ones and often considered a predictor of economic recession. German Bond Snapshot Nov 25 2022 Germany is facing severe head winds with … Continue reading “Recession Fears Push German Yield Curve to Deepest Inversion Since 1992”