The yield curve inversion just got more pronounced. Not only the spread between 10-year and 3-month Treasuries, now also the spread between 10-year and 2-year turned negative. That sends a warning signal about the state of the real economy. About a recession on the horizon. Some might argue that the yield curve's predictive power has diminished with all the unorthodox monetary policies since the Great Recession. Yet, it's a valid reason to worry - how does gold welcome this message? The U.S. Treasury yield curve inversion is getting wider. We have been reporting on the inverted yield curve since May, when the spread ... (full story)