03-22-2019, 10:08 AM
3-month/10-year yield curve inverted yesterday for the first time since 2007. From the Fed's perspective, that is the yield-curve metric that is most reliable for predicting a recession within a year. Had some dividends sitting around, and instead of putting them back into stocks as I typically do, I purchased a non-callable Ally Bank CD yielding 2.59% through June, 2020.