Given the tendency of economists and strategists to dismiss the message of an inverted yield curve, it’s surprising there’s been no scrutiny of the “dog that didn’t bark”—the inversion of 1966. That’s the last time an inverted curve did not lead to a recession.
Feb
07
2023
1966-67: When The Yield Curve “Failed”
tags
Yield Curve Inversion Inverted Yield Curve Recessions Yield Spread Fed Funds CPI LEI Leading Economic Indicators Employment Growth GDP VLT Momentum ValuationsLogin
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