New York (CNN Business) The Dow fell 400 points Friday as a leading recession indicator stoked fear among investors. The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 — a shift that spooked Wall Street and sent the Dow plunging. The flattening yield curve, or the difference between short- and long-term rates, has worried investors for months. Friday's flip added to an already rough start for the Dow, which is now down about 1.5%. The yield on Germany's benchmark 10-year government bond fell below zero for the first time since October 2016.

Source: CNN March 22, 2019 16:07 UTC