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This is the sound of an inverted yield curve
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
Business
News
Publication Date |
Sep 12, 2024
Episode Duration |
00:27:12

Today in Econ 101, we’re talking yield curve. In a typical economy, the longer a bond’s duration, the more interest it yields. The inverse — shorter duration, higher yields — usually means a recession is coming. We’ve been seeing an inverted yield curve in the U.S. financial system for nearly two years. So, where’s the recession? Also in this episode: Credit card delinquencies hit a 12-year high and we visit U.S. troops preparing for climate change.

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