Dollar weak as U.S. Treasury yield curve inversion sparks recession fears

Dollar weak as U.S. Treasury yield curve inversion sparks recession fears

Dollar weak as U.S. Treasury yield curve inversion sparks recession fearsBy Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar edged lower on Tuesday as U.S. Treasury yields fell, feeding fears that the Federal Reserve could pause in its rate-hike cycle, while an inversion in part of the yield curve was taken as a red flag for a potential recession. Lingering uncertainty regarding China and the United States' ability to resolve their trade war provided some support to the greenback. Still, investors were nervous about an inversion of the curve between three-year and five-year U.S. Treasury notes and between two-year and five-year notes. ...