Can The Fed Keep Raising Rates Amidst A Banking Crisis? | Michael Howell
Inflection Point
00:00
Is the Yield Curve a Predictor of Recession Risk?
The two-year and the Fed funds rate, which typically walk hand in hand, has now dipped well below where Fed funds is. The problem that you've got this time, this particular cycle, is that term premium are very negative. There's a big bias in the curve because of term premium. And that means that I think that the yield curve is not necessarily a pure indicator of recession risk right now.
Play episode from 01:08:02
Transcript
