Stock market takes a dive as bond yields possibly indicate looming recession

The stock market took a dive on news that 10-year Treasury Bond yields dipped below the return for 2-year Treasury Bonds. The last time that happened was in 2007, right before the Great Recession, and the indicator has been a harbinger of recession before. We talk to Dennis Hoffman, the L. William Seidman Research Institute at the W. P. Carey School of Business at Arizona State University.

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Dennis Hoffman, the L. William Seidman Research Institute at the W. P. Carey School of Business at Arizona State University

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