Goldman Says Yield Curve Is Wrong About Recession. Should Investors Be Worried?
- US yield curve inversion has been reliable recession indicator
- Two-year, 10-year yields almost 100 basis points inverted
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The US yield curve is one of the most reliable leading indicators for recessions. Yet Goldman Sachs Group Inc. strategists think it’s misleading this time around. And with two-year Treasury yields now almost 100 basis points above those on 10-year bonds, that really matters.
Read More: Which Yield Curves Matter, and What Are They Saying?: QuickTake