-
Why The 'Flawless' Recession Indicator May Be Wrong This Time
Monday, January 9, 2023 - 1:23pm | 717The U.S. Treasury yield curve, which is closely monitored as a gauge of the health of the economy, inverted in November, signaling to bond investors that a U.S. recession is imminent. However, Campbell Harvey — the economist who developed the indicator — recently told Bloomberg that the...
-
US Treasury Yield Remains Inverted After Solid Jobs Number: Will The Economy Tip Into A Recession?
Friday, August 5, 2022 - 12:34pm | 269The U.S. Treasury Yield Curve remained inverted as the employment situation report for July was reported, announcing 528,000 jobs added to the economy. Although unemployment is back to pre-pandemic lows of 3.5%, an inverted yield curve is a leading indicator that the economy is heading for a...