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Essential

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The Idiot and the Expert

Do Yield Curves Define Recessions?

The U.S. yield curve is at its steepest inversion since the early 1980s. Why?

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Featuring Roger Hirst and Dan Shepherd

Nov 26, 2022 • 1 minutes

The U.S. yield curve continues to invert. Over the last 30 years, yield curve inversions have signaled, better than standard forecasts, coming recessions. But do yield curves act differently when the Federal Reserve is focused on price rather than on growth?

Simple finance questions from an Idiot to an Expert. And it's only one minute long.

Simple finance questions from an Idiot to an Expert. And it's only one minute long.

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