These stocks are dependable winners after the yield curve inverts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Utilities and consumer staples are the best performing sectors after a yield curve inversion.

The yield on the benchmark 10-year Treasury note was at 1.623% on Wednesday, below the 2-year yield at 1.634%, causing the feared yield curve inversion.

Utilities and consumer staples are the best performing and most consistent sectors after the inversion.The bond market's main yield curve inverted on Wednesday, triggering worries of an eventual recession. But investors can still win, even if the clock is ticking on this bull run.was at 1.623% on Wednesday, below the 2-year yield at 1.634%.

Utilities is the best performing sector after a yield curve inversion. Although the inversion is an early recession indicator, data shows that if investors turn defensive, there is still a buying opportunities for stocks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After the yield curve inverts, stocks typically have another year and a half before doom hitsHistorical analysis shows that stocks typically have another 18 months to rally after an inversion before equity markets turn lower. Oh well perfect timing for trump either way. If he loses (Lol yeah right) he can say see you elected a socialist and then boom right away recession. If he wins then who cares if there’s a recession because we still have trump and he will keep yelling at libs. Look up Don’t fear the yield curve the 2/10 inverted...wow didn't see that coming. Wake up people
Source: CNBC - 🏆 12. / 72 Read more »