May 13 (Reuters) - The U.S. Treasury bond yield curve between three-month and 10-year rates inverted on Monday for the second time in a week, with the 10-year yield now standing 0.0025% above the shorter-maturity bill.
Viewed as a classic warning signal of a looming U.S. recession, the curve inverted last Thursday for the first time since March . The U.S. curve has inverted before each recession in the past 50 years. It offered a false signal just once in that time. (Reporting by Sujata Rao; Editing by Dhara Ranasinghe)
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