One of the most reliable indicators of economic forecasting is the yield curve. It is a perfect 10 for 10: every recession since 1955 has been preceded by an inversion. Currently the yields of the 10-year and 2-year Treasury bills have been inverted for 11 months. Is a recession looming in the near term, and if so, how severe will it be? We discuss the yield curve inversion in our latest episode of Conversations with Commerce Trust. We also encourage you to download our companion piece to the podcast, examining what makes this yield curve inversion unique.
Lastly, Chief Investment Officer David Hagee provides an overview on the debt ceiling standstill and what’s at stake should the U.S. default on its debt obligations.
Find all of our Podcasts at: https://www.commercetrustcompany.com/research-and-insights/podcasts