Detailed text transcripts for TV channel - MSNBC - 20190815:09:30:00
The dow shed 800 points. its worse performance of the year. s&p 500 and nasdaq lost nearly 3% each sending signals of a possible recession as the yield of the 10-year treasury fell below the key marker since 2007. good morning to you from london. anticipating what took place today. what exactly is an inverted yield curve and why does it matter to the market so much? >> remember, a couple of days ago, you were asking whether or not we'd see a volatile equity. we saw an 800-point drop. the catalyst was the yield point inversion. let me explain that. the u.s. treasury issues bonds at a yield leve...