, Columnist
Not All Yield Curve Inversions Are Fatal
The curve can’t be ignored, but its current behavior isn’t a foolproof indicator of a coming recession.
Dangerous curves ahead.
Photographer: Tony Savino/Corbis Historical/Getty
This article is for subscribers only.
To get John Authers' newsletter delivered directly to your inbox, sign up here.
The yield curve is almost inverted. Indeed, parts of it are inverted already. And it’s flattened remarkably swiftly. Does any of this matter? A large part of the population is entitled to ask: What does any of this mean?