Leading economic indicators, such as the inverted yield curve, have warned that a recession is imminent. But these gauges are misleading amid strength in credit conditions, Ed Yardeni wrote on Monday.

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For much of the last two years, the 2-year US Treasury yield has traded above the 10-year yield. When that happens, it historically has meant a recession is looming. So you’d think that investors and ...

The yield curve shows the relationship between yields and time to maturity for comparable debt securities. In practice, the term usually refers to securities issued within a single market segment so ...