Why The U.S. Yield Curve Reliably Predicts U.S. Recessions

Why The U.S. Yield Curve Reliably Predicts U.S. Recessions

Sep 30, 2019 | News

The U.S. Treasury yield curve, depicted by maturities on a horizontal axis and corresponding interest rates (yields) on a vertical axis, is normally upward sloping, with yields on bonds (10-year maturity and beyond) and notes (intermediate term) lying above yields on...