The yield curve has gone from an obscure chart on bond desks to front-page material because it’s one of the few indicators that consistently front-runs the big turns in the economy. I still remember ...
The natural slope of the yield curve is positive, meaning short-term interest rates are lower than long-term interest rates. There are periods where the curve inverts and, most importantly, a ...
Yield curve inversions have historically preceded recessions, but not all inversions guarantee a downturn; context and economic conditions matter. Watching long-term/short-term yield patterns after an ...