Why investors near retirement should fear the big yield curve inversion
For sophisticated bond market investors, no three words invoke more fear and debate than "inverted yield curve." Yet many individual investors don't understand inversion and why a healthy fixed-income market is so critical to their financial well-being. With the near-800-point drop in the Dow on Tuesday being at least partially attributed to the sudden inversion of short- and longer-term Treasury yields, it is time to take notice. It shouldn't have taken this long: Articles about the risk of an inverted yield curve have been all over the place in the past year, and the overwhelming majority of those stori...