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Stock Indexes Drop As Bond Market Flashes Recession Warning

Stock Indexes Drop As Bond Market Flashes Recession Warning

NPR - Scott Horsley

The stock market tumbled Friday as investors digested an ominous warning sign: Interest rates on long-term government debt fell below the rate on short-term bills. That's often a signal that a recession is on the horizon. The Dow Jones Industrial Average fell more than 460 points Friday, or about …

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