Parts of the yield curve started inverting in July 2022, yet the economy is still humming along. It’s too early to start calling the bond market a liar, said Menzie Chinn, a professor at the University of Wisconsin-Madison.
University Communications
Parts of the yield curve started inverting in July 2022, yet the economy is still humming along. It’s too early to start calling the bond market a liar, said Menzie Chinn, a professor at the University of Wisconsin-Madison.