Hot Jobs Report Plus More Rate Hikes Could Invert the Yield Curve

The economy added 213,000 jobs in June, helping to cement the Federal Reserve's plans to hike rates two more times this year.
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The economy added 213,000 jobs in June, helping to cement the Federal Reserve's plans to hike rates two more times this year.

Those additional hikes could invert the yield curve, which historically indicates the start of a recession in one year, according to Nick Colas, co-founder of DataTrek Research.

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