World Perspectives

Inverted Yield Curve and Trade

The yield curve on Treasury bonds inverted during overnight trading, the first time this has occurred since 2007. The spread between three-year and five-year bonds dipped to negative 1.4 basis points, and that between two-year and five-year bonds followed. Each of the last seven recessions was predated by inverted yield curves. However, it is typically the spread between the two-year and 10-year Treasury notes that is generally considered the benchmark yield curve for bonds, which is currently 15 basis points after flattening throughout the year from a peak of 80 basis points. Although it couldn’t be gleaned from this morning’s press stories, an inverted yield curve is not the cause of recessions; it is sometimes a warning sign...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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