'A blip on the radar is still an inversion, but at that point it's not a meaningful one,' said Jay Sommariva of Fort Pitt Capital Group.
The spread between two- and 10-year Treasurys uninverted shortly after falling into negative territory, sending a wave of relief through markets. Such an inversion has historically preceded economic recessions, including each of the last seven dating back to 1950. Despite the flip back into positive territory, there are other signs of turmoil in markets. And industry watchers say they should be taken seriously.
The spread between two- and 10-year Treasurys uninverted shortly after falling into negative territory, sending a wave of relief through markets. Such an inversion has historically preceded economic recessions, including each of the last seven dating back to 1950. Despite the flip back into positive territory, there are other signs of turmoil in markets. And industry watchers say they should be taken seriously.
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