Published on: March 22nd, 2022 • Duration: 43 minutes
An inverted yield curve is often a precursor to a U.S. recession. But recessions usually occur between six and 30 months after an inversion. The U.S. yield curve hasn’t even inverted yet. Does that mean a recession is still a long way off? Or has the inflationary environment and the aggressive central bank response changed the dynamic? Is recession risk much higher than the yield curve suggests?