Pedestrians cross a road in the Yurakucho area of Tokyo, Japan. (Photographer: Noriko Hayashi/Bloomberg)

There’s Danger in Misreading the Inverted Yield Curve 

(Bloomberg Opinion) -- At the end of last week, the three-month Treasury bills' yield rose above the yield for 10-year Treasuries for the first time since 2007, prompting warnings that the U.S. is ...