What is an inverted yield curve? Why is it panicking markets, and why is there talk of recession?
- Written by Mark Crosby, Professor, Monash University
Markets know what has happens each time the yield curve turns negative. The idea of rates falling over time without a a recession will take getting used to.ShutterstockSince President Trump tweeted about imposing new tariffs on China, global equity markets have gone into a tailspin.
Trump’s more recent announcement that the new tariffs would...
