Last week, the U.S. Treasury market spit out a historically reliable signal that the next recession is on the horizon: The yield on the 10-year Treasury note fell below the one for the 2-year Treasury, causing an inverted yield curve. Also troubling is that the yield on the 30-year bond fell to an all-time low. That means investors believe economic growth will falter and interest rates are headed lower. “Are we heading for a recession? Will we eventually have one? Yes, of course. The question is, will it be within the next year, or year and a half?” said Jeremy Siegel, Wharton finance professor and markets expert, on ... (full story)