Chart Of The Day: Last Time We Were Here Recession Started

The US Treasury yield curve has collapsed to its flattest since Nov 2007... just before the US economy officially slumped into recession...

 "There can't be a recession... the yield curve is not inverted..."

http://www.zerohedge.com/news/2016-06-27/last-time-bonds-were-here-recession-started

Perhaps US banks are starting to realize the inevitable also?

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