EXPLAINER: Why bond yields may be warning of a recession
Published on: Tuesday 29 March 2022
NEW YORK (AP) — One of the more reliable warning signals for an economic recession is starting to shine. The “yield curve” is watched for clues to how the bond market is feeling about the U.S. economy’s long-term prospects. On Tuesday, a closely followed part of the yield curve gave investors some cause for concern. WHAT IS THE YIELD CURVE? At the center of the investing world are Treasurys, the IOUs the U.S. government gives to investors who...
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