U.S. Lacks Signs of Recession Despite Yield Curve, RBC’s Lignos Says
March 28, 2019 at 08:15 AM EDT
Fears of an inverted yield curve racked the markets during 2018’s fourth quarter sell-off, but they returned on Friday as the short-term 3-month and longer-term 10-year yield curve did as such–unveil an inversion that hasn’t been seen since 2007–just ahead of the financial crisis. “Could it be that...