You need a PLUS account to view this content. Try one month of PLUS for FREE.
Already have an account? log in
Apocalypse Now, Says The Yield Curve
When will the world's largest economy fall into recession?
Right now, or sometime very soon, according to the purportedly infallible yield curve, whose Nostradamus-like reputation is on the line in 2023.
As BofA's Michael Hartnett noted in the latest installment of his popular weekly "Flow Show" series, this is "the first time since 1981 [that] every US yield curve has been inverted for over six months."
On average, looking back across 10 downturns, the 3m10s curve inverts six months prior to
