AdvisorIntelligence

The yield curve indicator. The Fed may have tightened too much in 2017 and 2018, and the lagged contractionary effects are still working their way through the economy. One consequence of Fed policy was the U.S. Treasury yield curve inverted for several months in 2019. An inverted yield curve has been a precursor to each of the past seven U.S. recessions. That the yield curve has now . un ... ................
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