The spread between two- and 10-year Treasury yields fell below zero, something that's preceded each of the last seven recessions. Its also a sign that US equities will peak, according to analysts at Bank of America Merrill Lynch. However, when the S&P 500 will top is unclear. According to historical precedent, it can happen in as little as one month or take more than a year. Watch the S&P 500 trade live on Markets Insider.
The spread between two- and 10-year Treasury yields fell below zero, something that's preceded each of the last seven recessions. Its also a sign that US equities will peak, according to analysts at Bank of America Merrill Lynch. However, when the S&P 500 will top is unclear. According to historical precedent, it can happen in as little as one month or take more than a year. Watch the S&P 500 trade live on Markets Insider.
Be still, my IRA heart!