The U.S. Yield Curve Tells Us That a Devastating Recession Is Unavoidable

U.S. government debt yields have risen over the past two months, correcting a frightful inversion between the 2-year and 10-year Treasury notes that sparked concerns of an imminent recession. Just because the so-called ‘recession indicator’ is correcting itself, don’t be fooled into thinking the dangers have gone away. As a matter of fact, the Treasury […]
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