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

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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.

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

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