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Re: the yield curve inverted in 2018 yet here we are. There are somewhat different ways to measure it, and by some metrics, it merely "touched" the zero line i
by tabtab 7y ago
Re: the yield curve inverted in 2018 yet here we are.
There are somewhat different ways to measure it, and by some metrics, it merely "touched" the zero line instead of went below. Bloomberg may have been using a dramatic flair.
Also, when it does drop below zero, the actual recession was roughly 12 to 18 months later. Thus, that occurrence, even if interpreted as an inversion, is not (yet) inconsistent with past patterns.