Recent economic data released regarding core inflation showed it reached the Federal Reserve’s target of 2 percent, the first time in six years, but it left Treasury yields mixed on Friday.
The U.S. 10-year Treasury note has noticeably been projecting a flat yield curve and moved little at 0.007 percent as of 12:15 pm Eastern Time–a flattening yield curve that has some market experts worried that an inversion could lead to a recession.
Related: Advisors Must Warn Fixed Income Clients About a Recession
Today, the 10-year been trading within range between a yield of 2.87 percent and 2.83 percent.
