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Does The Flat Yield Curve Point To A Looming Recession? (Hint: Not Necessarily, But The Fed Is Driving The T-Curve Towards Inversion)

In the past, US yield curve inversion meant an impending recession. But not anymore in this highly-manipulated Central Bank Treasury market. But now that Cleveland Cavaliers’ star Lebron James has moved on to the Los Angeles Lakers, we can concentrate on what is important! My former colleague at University of Chicago, Raghu Rajan, is not … Continue reading Does The Flat Yield Curve Point To A Looming Recession? (Hint: Not Necessarily, But The Fed Is Driving The T-Curve Towards Inversion)