Credit Suisse PB: Recession risk rises as yield curve inverts

15 August 2019 | 1 minute read

For the first time since 2005, 10-year US Treasury yields fell below 2-year levels on Wednesday, raising concerns about a possible recession and triggering a stock market sell-off. According to Credit Suisse Private Banking, the risk of a recession has indeed increased but a near-term crisis remains unlikely. “Renewed worries about an economic slowdown have curbed investors’ risk appetite lately,”…

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