Invesco Stock Plummets 5% Amid Yield Curve Inversion: Can The Company Stay Afloat During The Upcoming Recession?

Following the treasury bond yield curve inversion on July 5, Invesco Mortgage Capital Inc (NYSE: IVR ) stock took a massive hit. What Happened: At 10:45 a.m. Wednesday (July 6), Invesco’s stock price dropped to $15.12 which is a decrease of over 5%, according to Benzinga Pro . Today’s hit to the stock price comes after the yield curve inverted yesterday.  The yield of treasury bonds has a direct correlation to the rate at which a banker will make interest after lending money to a client. If the curve is inverted, then ... Full story available on Benzinga.com