Ft News

Ben Bernanke, former chair of the Federal Reserve, earlier this week warned against reading the US yield curve, or the difference between short term and longer term Treasury yields, as an indicator of a looming recession. Joe Rennison explains how the shape of the yield curve has changed over the past year, and whether it indicates a forthcoming economic downturn. Read Joe's story here.  See acast.com/privacy for privacy and opt-out information.