Reported 4 months ago
The article discusses how one of Wall Street's favorite recession indicators, the inverted yield curve, has been signaling warning signals for over a year, but a recession has not yet occurred in the US. The inverted yield curve, which compares long-term and short-term bond yields, typically predicts a recession when long-term yields fall below short-term yields. Despite the prolonged inversion this time, experts suggest that incorrect predictions about the economy and Federal Reserve actions may be contributing to why the indicator has not accurately predicted a recession this time.
Source: YAHOO