yield curve

President Donald Trump often credits himself for the economic prosperity the United States has enjoyed for the past six years, but his boasts may not hold as much weight among his supporters after this past week.

On Tuesday, the yield curve measuring the worth of treasury bonds inverted, meaning that federal bonds paid to investors after two years yielded more in interest to investors than those paid after ten years, signaling little faith in the promise of long-term economic growth. The last five times this happened, a recession soon followed.