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.
Read more stories like this on OpenMarkets. And for trader tools and resources visit: https://activetrader.cmegroup.com