Economist Perspective: How to Spot a Recession

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The US economy might be decelerating but there is no recession in sight. So why are bond markets worried?

Traditionally, an inverted yield curve is a superb measure of future recessions. Yet, it has a major challenge, timing.

Blu Putnam, Chief Economist at CME Group, explains why monitoring the spread between high-yield debt and government bonds is one way to spot check the health of the US economy.

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