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Fortune
Fortune
Erik Sherman

What Is an 'Inverted Yield Curve'? And Why Is It Being Blamed for the Dow's 800+ Point Loss?

New York trader at the NYSE (Credit: JOHANNES EISELE/AFP/Getty Images)

Alarms were going off in the stock market today. And what pulled the cord was a slight change in the interest rates of Treasurys.

Early Wednesday morning, the interest rate on a 2-year Treasury was slightly higher than the interest on a 10-year, an event called a yield curve inversion.

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