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Recession? In a first, Chinese yield curve fully inverts

June 14, 2017 - 08:44 -- Admin

Credit stress is now very obvious in China. Interbank markets have all hit new yield highs in recent days: Even more revealing, the Chinese yield curve has fully inverted for the first time in modern history: An inverted yield curve is a classic recession indicator as short end tightening surpasses long term inflation expectations. We’ve seen

The post Recession? In a first, Chinese yield curve fully inverts appeared first on MacroBusiness.

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