For the first time since 2007, the US treasury yield curve is negative in the 5 minus 3 and 5 minus 2-year yields. But what does that mean for the future of the economy?
tastytrade's Pete Mulmat examines the yield curve in depth in today's episode of Closing the Gap: Futures Edition. Using a series of visuals, he puts context around the behavior of inverted yield curves, their respective futures products, and how treasuries relate to the US equity market.
Finally, Pete presents a trade idea that will capitalize on a correction in these short-term yields.
Tune in for all of the details including setup, management, and trade defense.