Getty Images / Mario Tama
- The US yield curve has been flattening over recent months.
- Risk of inversion, a key recession signal, rises as the curve flattens.
- The 1969-70 recession can offer us a look at what today’s yield curve movements might mean.
The persistent flattening of the U.S. yield curve has investors scratching their heads–and searching for historical parallels. The recession of 1969-70 is one worth considering.
A closer look at the late 1960s reveals some parallels with today’s U.S. economic backdrop, as we write in our Fixed income strategy piece Summer of ‘69.See the rest of the story at Business Insider
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