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Market Extra: Markets signal recession threat: Why stocks are taking it in stride — for now

Recession warning lights are flashing in financial and commodity markets, but U.S. stocks seem to be at least holding their own, if not finding their footing. What gives?

Treasury yields have pushed back up this week but the 10-year maturity BX:TMUBMUSD10Y remains well off its 2022 peak near 3.5% and the 2-year yield BX:TMUBMUSD02Y has moved back above the 10-year, again inverting a part of the curve seen as a reliable recession signal if sustained, observed technical analyst Andrew Adams in a Wednesday note for Saut Strategy.

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