US Yield Curve Flattening Signals Higher Recession Risk
The flattening US Treasury yield curve, a consequence of the Federal Reserve's hawkish stance, indicates an increased risk of recession within the next two years. However, current real-economy data has not yet confirmed this warning.
FLATTENING US YIELD CURVE SIGNALS HIGHER RECESSION RISK, BUT NO ALARM YETThe flattening of the US Treasury yield curve since the Federal Reserve turned hawkish points to a clear rise in the risk of recession over the next two years. However, real-economy data has yet to confirm the warning, accordi…