Adobe StockThat’s the “gut-feel” and “finger to the wind” part of my observation about a recession coming. I’d add to that the opinion that recessions tend to sneak up on us when things are going so well. The spread between the 10-year and 2-year U.S. Treasury Bonds is one of the indicators that is throwing off a warning sign, albeit an early one. This not only screws up banks (that try to borrow short term and lend long term) but it is one of the most reliable signs of a pending recession. File the 10-2 Treasury spread under the “worth monitoring” category for now.

Source: Forbes April 25, 2017 16:07 UTC