Economists see growing risk of global recession

WASHINGTON — Dis­cour­ag­ing eco­nomic data from around the globe have height­ened fears that another reces­sion is on the way. Fresh evi­dence emerged Thurs­day that U.S. home sales and man­u­fac­tur­ing are weak­en­ing. Signs also sur­faced that Euro­pean banks are increas­ingly bur­dened by the region’s debt cri­sis and sput­ter­ing econ­omy. The ris­ing anx­i­ety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys.