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Has the Most Reliable U.S. Recession Predictor Lost its Value?

Trouble with the yield curve.
Bloomberg business news

Is the U.S. Recession Bound?

The next time a U.S. recession hits, what has traditionally been a reliable harbinger of an economic slump may end up being the dog that didn't bark.

The shape of the U.S. yield curve--specifically, the spread between 10-year and three-month Treasury yields--is often used by economists and investors to gain insight about what's in store for the world's largest economy.