Should We Fear the Inverted Yield Curve?
Diego Mendez-Carbajo
Page One Economics Newsletter, 2019
Abstract:
The yield curve inverted before every one of the last nine U.S. recessions. How do U.S. government bonds shape the yield curve, why does it invert, and is it really a warning signal? Find out in the December 2019 issue of Page One Economics.
Date: 2019
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