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U.S. credit market fires warning about recession
A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve. Risk premiums on investment-grade corporate bonds over comparable Treasuries have been rising since February, approaching levels that are catching the attention of some fund managers and analysts. "People are talking about the yield curve as a predicter of recessions.
https://finance.yahoo.com/news/u-cre...html?.tsrc=rss
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