Which yield curve foretells growth best?
- Treasury yield curve has turned mildly positive, private sector curve still inverted
- Private yield curve has been more accurate of the two over the past 20 years
- Inverted private yield curve might signal slowing growth late in 2020 or in 2021
- Could booming equities sustain growth and debunk yield curve indications?
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When yield curves send mixed signals
- Private sector yield curve reflects concern, public curve shows optimism
- The mixed signals over the US economy come after 10 years of growth
- Public sector yield curve is no longer inverted, easing growth concerns
- Private sector curve remains inverted, muddying economic outlook
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