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September 01, 2020 10:18am
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The Yield Curve May Not Be a Reliable Bellwether for Recession

The yield curve for the 2-year and 10-year U.S. Treasury notes inverted last week, leading to heavy speculation that a recession could be looming in the wings, but this time it might be lacking the usual “predictive power”, writes Mark Hackett, chief of investment research for Nationwide’s...
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