What is an 'inverted yield curve' and why does it matter?
BNN Bloomberg
Some economists are pointing to Canada’s inverted yield curve as yet another indicator of a possible recession that many have predicted for the coming year.
Short-term bonds are currently showing higher yields than long-term bonds in a reversal of the typical pattern. As of Monday, the yield for two-year short-term bonds were pegged at 3.8 per cent, while 10-year bonds yielded 2.8 per cent.
What does the trend mean, and why does it matter?
WHAT IS IT
More Related News