RECESSION - DOWNWARD SLOPING YIELD CURVE
- The following Curve is an average of yields from 1/01/2023 to 26/4/2023.
- This shows on average for last few months yield curve has shown flattish downward sloping behavior.
- A downward sloping curves indicates a possibility of recession in near future.
- Similar downward sloping curve was seen during the Mortgage crisis in 2008.