The yield curve on Treasury bonds inverted during overnight trading, the first time this has occurred since 2007. The spread between three-year and five-year bonds dipped to negative 1.4 basis points, and that between two-year and five-year bonds followed. Each of the last seven recessions was predated by inverted yield curves. However, it is typically the spread between the two-year and 10-year Treasury notes that is generally considered the benchmark yield curve for bonds, which is currently 15 basis points after flattening throughout the year from a peak of 80 basis points. Although it couldn’t be gleaned from this morning’s press stories, an inverted yield curve is not the cause of recessions; it is sometimes a warning sign...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
From WPI Consulting
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.