Bond curve inversion no longer signals recession

According to this article from Reuters, published Thursday 16 November, the inverted yield curve is no longer seen as an accurate predictor of slowing growth or recession ahead.

"Instead, it reflects rapidly expanding trade surpluses and central bank reserves in many emerging economies, together with large inflows from pension funds, finding their way into long-dated government bonds," the article says.

"The U.S. yield curve inverted almost a year ago and has been consistently inverted for the

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