The bond market is flashing its biggest recession sign since before the financial crisis

• The spread between 3-month and 10-year Treasury notes has fallen below 10 basis points for the first time since 2007.
• An inverted yield curve, where short-term yields are higher than their longer-term counterparts, is considered a reliable recession signal.
• The Federal Reserve this week said the U.S. economy is still strong but is facing challenges from global weakness.

(Source: CNBC)