FYI: One of Wall Street's traditional warning signs for a recession is flashing yellow, and nobody seems to care.
The signal lies within the bond market, where Treasurys maturing in a couple years have been paying nearly as much in interest as bonds that take a decade to mature. The gap between the two is usually much wider. Market watchers call this phenomenon a "flattening yield curve," and it's often been a harbinger of slowing economic growth, if not a recession.
Regards,
Ted
http://www.houstonchronicle.com/news/article/A-recession-warning-signal-is-flashing-investors-12447135.php
